Daily analysis - Stock Market, Bonds, Forex and more
emini futures 20th November 2018 - after close from Chartprofit On 10/29 there was a rejected test of 2605, the 12mn Value Area Low (VAL). ES then rallied and on 11/07 there was a rejected probe above 2806, the 12mn Value Area High (VAH). Both … [Continue reading]
emini futures 20th November 2018 - pre-open from Chartprofit Monday's session generated a Value Area entirely below 2718, the major poc, which immediately put it back in a weak position. As I wrote last week, "prudent Bulls would wait for … [Continue reading]
emini futures 19th November 2018 - pre-open from Chartprofit Friday's session generated a Value Area above 2718, the major poc. So that's a stronger position if ES can hold above the poc (now Support) but as I wrote on Wednesday "prudent Bulls would … [Continue reading]
Stock market Sentiment - Charts through 16th November 2018 - Chartprofit eBook Stock Market Sentiment. Consensus polls, mutual fund flow indicators, Commitment of traders charts. Major Stock Index ETFs, Bonds, Gold, Oil and Forex. eBook PDF … [Continue reading]
lipperusfundflows reported Equity Fund (inc ETF) inflows of $2.7 Billion in the week to 14th November. The 4wk flow is at $0.8 Billion and during this recent sell-off never approached the low levels reached when the market declined early in the year. … [Continue reading]
NAAIM exposure index fell sharply this week to 35.31 (from 64.96) the lowest reading since February 2016. … [Continue reading]
Investors Intelligence. Bulls% was almost unchanged at 42.9%, down from 61.8% six weeks ago which was the highest since February. Bear%, was unchanged at 19%. Bears% has changd very little since June. The nett (Bulls minus Bears) is at 23.9; previous … [Continue reading]
AAII (public poll). Bulls% was lower at 35.1% (from 41.3%). Bears% was higher at 36%. The nett (Bulls minus Bears) is at -0.9, three weeks ago it fell to -13 which was the lowest since April but this indicator never reached anything like capitulation … [Continue reading]
GBPUSD remains in a weak position. A higher low above 1.2978, the minor 1/2R off August low would be first sign of strength. … [Continue reading]
Enough time was spent at 12.79 early this week to migrate the 18mn back to this level. This is now Resistance for this chart. … [Continue reading]