Daily analysis - Stock Market, Bonds, Forex and more
emini 24th January 2018 - pre-open from Chartprofit See yesterday's comments. Wednesday's session generated a lower/overlapping Value Area. 01/17 was an Aggressive Buying day. The low of that day was 2605.50. Time below that level would negate that … [Continue reading]
emini - Wednesday 23rd January 2019 ES may find the 1/2R at 2636 attractive. Currently the major poc is at 2718. If enough time is spent at 2636 the major could migrate to that level. That may take some time and imo would probably not be bullish. … [Continue reading]
emini futures 22nd January 2019 - pre-open from Chartprofit Following Thursday's Aggressive Buying (green-at-top) Friday's session generated a Value Area entirely above 2636, the 1/2R (SPY = 263.85). This level is now Support. Price printing time … [Continue reading]
USDJPY chart: the major controlling price recently migrated to 112.60. Chart is currently printing below that level in a weak price location. … [Continue reading]
EURUSD chart is currently printing below 1.1450, the 1/2R. Support at 1.1310 (previously a major poc). … [Continue reading]
GBPUSD: the chart bounced again from the second test of 1.2481 (30mn poc). Potentially a double-bottom here if that Support holds. … [Continue reading]
Cash Gold has closed the week in a weak position back below the major poc. … [Continue reading]
USO Resistance - on 12/07 chart found Resistance at 11.41, the Major Poc and fell sharply lower from there. Has rallied back and is approaching that Resistance again. This is an important chart. Price above 11.41 would be a positive for risk-on. … [Continue reading]
this week the major migrated back to 121 and TLT closed the week below this level in a weak position. … [Continue reading]
There is significant close Resistance on the following Equity Index charts - worth monitoring this coming week. ES: 2718.0 SPY: 271.7 IWM: 149.6 FTSE: 7044 DAX: 11317 … [Continue reading]