Daily analysis - Stock Market, Bonds, Forex and more
Technical analysis - Market pre-open 14th April 2016 See previous comments. Buyers were active again on Wednesday as ES made a new high for this rally and as long as it holds above 2041.00 it is in a strong price location. First Level Support = … [Continue reading]
Technical analysis - Market pre-open 13th April 2016 See previous comments. On Tuesday I marked Significant Buying (green) twice. ES finished the session just below 2057.00, the minor Resistance, but overnight has rallied above this level and … [Continue reading]
Technical analysis - Market pre-open 12th April 2016 On Monday there was an early rally to the Resistance at 2057.00, the minor poc, see yesterday's highlighted comments. ES did not manage to print any time above that level and sold off to close … [Continue reading]
Technical analysis - Market pre-open 11th April 2016 ES generated an overlapping Value Area on Friday and closed the sessioin at 2041.00, the 2mn poc. Price relative to this level could give an indication re ST strength/weakness at the start of … [Continue reading]
Chartprofit eBook is available to view … [Continue reading]
Technical analysis - Market pre-open 8th April 2016 I have mentioned many times that when imbalances fail to follow on it is often a clue that price action is close to a developing poc of some importance. Wednesday's (green-at-top) high was not … [Continue reading]
Technical analysis - Market pre-open 7th April 2016 In Wednesday's session an early probe below 2041.00 (minor poc) was rejected and ES rallied to a strong close, see previous highlighted comments. Aggressive Buying (green-at-top) was marked which … [Continue reading]
Technical analysis - Market pre-open 6th April 2016 Tuesday's session generated a lower Value Area. ES held 2033, see previous comments, but intraday that minor poc has migrated higher 2041.00. Post-open price relative to that level could be a … [Continue reading]
Technical analysis - Market pre-open 5th April 2016 On Monday ES generated a higher/overlapping Value Area. Intraday the Sellers have been active for four days now, see highlighted numbers, and although ES has stalled this activity has been … [Continue reading]