Daily analysis - Stock Market, Bonds, Forex and more
Technical analysis - Market pre-open 2nd March 2106 Tuesday was a constructive day. Aggressive Buying (green-at-top) was marked above 1956.90, the 1/2R off last year's high, see yesterday's comments. This is now First Level Support. Breadth … [Continue reading]
Question from subscriber: >>Wonder if you had a way of detecting today's massive breakout?<< We know equity ETFs have moved into stronger price locations but also the price location of various assets favoured equity strength. As per … [Continue reading]
Technical analysis - Market pre-open 1st March 2016 See previous highlighted comments. On Monday an early probe of First Level Resistance at 1956.90 was rejected, see chart. This is the 1/2R off last year's high and the natural Resistance in a … [Continue reading]
Pre-open Monday 29th February See previous highlighted comments. Last week I marked Significant Buying once. Significant Selling has not been marked for fourteen days. During Friday's session there was a rejected probe above 1956.90, the 1/2R off … [Continue reading]
Technical analysis - Market pre-open 26th February 2016 See previous highlighted comments. On Thursday I marked Aggressive Buying (green-at-top) and overnight ES has printed as high as 1968.75 which is above 1956.90, the 1/2R off last year's high, … [Continue reading]
Technical analysis - Market pre-open 25th February 2016 See previous highlighted comments. ES opened lower on Wednesday but First Level Support at 1886.50 held exactly and a strong reversal followed. Although the Value Area was lower and wider it … [Continue reading]
Technical analysis - Market pre-open 24th February 2016 See previous comments. Tuesday's session generated a sixth consecutive Value Area above the 1870 poc but ES has sold off overnight and as of one hour pre-open has printed as low as 1896. … [Continue reading]
Pre-open Tuesday 23rd February See previous comments. Monday's session opened gap up with a new high for this rally and a fifth consecutive Value Area generated above the 1870 poc. Bulls would now want that level to hold. There is Resistance at … [Continue reading]
Chartprofit eBook is available to view … [Continue reading]
Technical analysis - Market pre-open 22nd February 2016 See previous comments. ES has consolidated for three days above 1905 and the four most recent Value Areas have been generated above the 1870 poc which is now important Support. Bulls would … [Continue reading]