Daily analysis - Stock Market, Bonds, Forex and more
Technical analysis - Market pre-open 29th April 2016 The first three days this week ES was no able to generate a Value Area above 2086.00, see Thursday's highlighted comments. During Thursday's session a fast move down started from the poc late in … [Continue reading]
Technical analysis - Market pre-open 28th April 2016 Wednesday generated an "outside Value Area" most of which was below 2086, the minor poc. As I wrote last week I would want to see Significant Buying (green) marked before initiating new long … [Continue reading]
Technical analysis - Market pre-open 27th April 2016 Tuesday generated a higher Value Area but below 2086.00, the minor poc. As I wrote last week I would want to see Significant Buying (green) marked before initiating new long trades, and at … [Continue reading]
Technical analysis - Market pre-open 26th April 2016 Monday generated another lower Value Area but rallied to close near the high of the session. Overnight ES rallied to probe 2090 and ninety minutes pre-open is printing above 2086, the minor poc. … [Continue reading]
Chartprofit eBook is available to view … [Continue reading]
Technical analysis - Market pre-open 25th April 2016 Friday generated a lower Value Area. The low of the session came at our First Level Support, the minor poc at 2075.50, see dashed line. Subsequent price action during the day lifted that minor … [Continue reading]
Technical analysis - Market pre-open 22nd April 2016 For the first time in fifteen days I marked Significant Selling (red) on Thursday. A lower Value Area was generated but within this week's range of VAs and above our First Level Support at … [Continue reading]
Technical analysis - Market pre-open 21st April 2016 Wednesday's session generated another higher Value Area. As long as ES holds above 2041.00 it is in a strong price location. First Level Support has moved up to a minor (12day) poc at … [Continue reading]
Technical analysis - Market pre-open 20th April 2016 Tuesday's session generated a higher Value Area. No Reaction from the Sellers around 2090, see yesterday's comments. As long as ES holds above 2041.00 it is in a strong price location but I've … [Continue reading]