Daily analysis - Stock Market, Bonds, Forex and more
emini SP500 analysis Please read highlighted comments. Britain voted to leave the EU and overnight risk assets sold off sharply with ES testing the 2000 level. A rally from there has twice tested the 2041 poc and as of thirty minutes pre-open ES has … [Continue reading]
The emini SP500 today, 23rd June, has rallied above 2100 pre-open. Wednesday generated an overlapping, higher Value Area. Weakness in the latter part of the session saw ES briefly test the minor Support at 2078, see yesterday's comments. The minor … [Continue reading]
Pre-open analysis for the S&P 500 emini 22nd June2016 Tuesday generated a lower Value Area following Monday's rejected probe above the major poc at 2087. Significant Buying marked above this level would be a real positive. Price below the proven … [Continue reading]
emini analysis pre-open Tuesday 21st June Please read previous highlighted comments. Monday generated a higher Value Area with ES probing the major poc at 2087. Significant Buying marked above this level would be a real positive. Price below the … [Continue reading]
Stock Market Sentiment - Chart Book 17th June 2016 Stock Market Sentiment. Consensus polls, mutual fund flow indicators, Commitment of traders charts. Key Support and Resistance levels for major Stock Index ETFs, Bonds, Gold, Oil and … [Continue reading]
As shown in Friday's video ES recently found Support at 2041, the controlling price of the current distribution. Pre-open today there has been a spike higher in European markets with ES rallying back to the 2087 Resistance and one hour pre-open that … [Continue reading]
Chartprofit video is available to view or view on Youtube … [Continue reading]
emini 17th June pre-open analysis. Once a week I review the important poc levels on a thirty minute basis. The major is at 2087 and the poc of the current distribution is at 2041. However the nine month is at 2050.5 which is very close to Thursday's … [Continue reading]
Stock Market Report Thursday 16th June Please note: I have shown the June contract on the graphic but I will be switching to the September contract. For now I want to show where the June contract is printing relative to important levels. The high … [Continue reading]
Russell 2000 ETF, IWM broke the 115.35 (maj poc) Support on Tuesday. Along with the Russell 2000 ETF, other charts are printing in weaker positions and breadth numbers also weakened, see below. ES analysis: Tuesday generated a Value Area entirely … [Continue reading]