Daily analysis - Stock Market, Bonds, Forex and more
emini analysis 22nd December 2017 - pre-open from Chartprofit See Wednesday's highlighted comments. There is a v minor (13day) poc at 2690. Price relative to this level today could be a guide to ST strength/weakness. First Level ST Support = … [Continue reading]
emini analysis 21st December 2017 - pre-open from Chartporofit See yesterday's highlighted comments. Wednesday's session printed below Tuesday's low. If Wednesday's high at 2695.50 is exceeded it would negate any negative ST implications of that … [Continue reading]
emini analysis 20th December 2017 - pre-open from Chartprofit As mentioned before I try to answer two questions from the profile analysis. 1) Who is Active? 2) Are they Effective? On the dayframe (the minor timeframe) Sellers were Active last … [Continue reading]
emini analysis 19th December 2017 - pre-open from Chartprofit In the longer timeframe Thursday was a Reactive Selling day only and was completely retraced on Friday. Buyers are still in control. Monday gapped to a new high. First Level ST Support … [Continue reading]
emini analysis 18th December 2017 - pre-open from Chartprofit I classified as Thursday's Selling (red) as Reactive Selling only. See Friday's highlighted comments. The red-at-bottom day was completely retraced on Friday. This is rare and indicates … [Continue reading]
Stock market review - 15th December 2017 … [Continue reading]
emini analysis 15th December 2017 - pre-open from Chartprofit Aggressive Selling (red-at-bottom) was marked on Thursday. In the dayframe (see below) this is an indication of weakness but the Value Area was printed entirely above 2624.00, the minor … [Continue reading]
emini analysis 14th December 2017 - pre-open from Chartprofit Last week ES found Support at 2624.00 and rallied back Aggressive Buying (green-at-top) was marked on Friday and Monday. ES price action is still positive, even in the short-term - i.e. a … [Continue reading]
emini analysis 13th December 2017 - pre-open from Chartprofit Last week ES found Support at 2624.00 and rallied back Aggressive Buying (green-at-top) was marked on Friday and Monday. ES price action is still positive, even in the short-term - i.e. a … [Continue reading]
emini analysis 12th December 2017 - pre-open from Chartprofit Note: we are now following the March contract. Last week ES found Support at 2624.00, the minor poc and rallied back above Tuesday's high (2648.50) which negated any negative ST … [Continue reading]