Daily analysis - Stock Market, Bonds, Forex and more
IWM, the Russell 2000 ETF closed above 115.35, its major poc which puts this key chart in a much stronger position. Key Charts: IWM closed above 115.35 (maj poc). emini analysis: Early in Thursday's session ES briefly tested 2089, the 10day poc … [Continue reading]
Stock market report pre-open 2nd June 2016 Chartprofit Wednesday generated another overlapping Value Area with a low. ES is currently in a strong price location and this higher range, 2085-2095 has not yet attracted Significant Selling (which has … [Continue reading]
Stock market report pre-open 1st June 2016 Chartprofit Please read yesterday's highlighted comments - these are still valid. Tuesday generated an overlapping, "outside" Value Area with a low at 2086 which was previously a 3 month poc. ES is … [Continue reading]
Stock Market Sentiment Chart Book 27th May 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]
Buyers were active in the S&P 500 emini futures last week auctioning the chart back towards the April high. At the start of last week S&P 500 emini futures (ES) found Support at the 2041 poc and rallied from there, closing at a level above … [Continue reading]
Chartprofit video is available to view or view on Youtube … [Continue reading]
The S&P 500 ETF, SPY, is probing 209.90 once again. Key Resistance for the S&P 500 ETF, SPY was 209.90 until early this week. Until then, this level was the major controlling price for the chart but earlier in the week the controlling price … [Continue reading]
Key Chart Support levels have held for ES, SPY and QQQ with a Key Chart Resistance level a little higher for IWM. For the first three weeks in May ES ranged but held the 2041 poc apart from the test last Friday. Following that rejected test, this … [Continue reading]
The major poc for the S&P 500 e-mini has just migrated to 2054.50 and for SPY it is now 205.40. These levels are now major Support for these charts. Price below these points would indicate weakness but currently both charts are in a strong price … [Continue reading]
Overnight the S&P 500 e-mini printed as low as 2041.25, found Support and auctioned higher and as of ninety minutes pre-open has printed as high as 2053. As I keep writing, 2041 is the important level and Bulls would want to see that level hold. … [Continue reading]