Daily analysis - Stock Market, Bonds, Forex and more
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]
On Monday the emini Support at 2087 was broken. This is the first Significant emini Selling since 05/17 and it comes after ES reached the distribution extreme around 2120 last week. I marked Aggressive Selling (red-at-bottom). This was below 2087, … [Continue reading]
The S&P 500 emini is today back at important Support at the start of the week. There was no Significant Buying or Selling marked last week but the S&P emini target at 2120 was reached (actually 2119.75) and there followed a sell-off late in … [Continue reading]