Daily analysis - Stock Market, Bonds, Forex and more
Pre-open comment Wednesday 3rd June See previous, highlighted comments. The two levels we were monitoring coming in to this week were the 2117.50 Resistance and the 2095.50 Support. So far this week they have capped price action top and bottom, … [Continue reading]
Pre-open comment Tuesday 2nd June Both levels we are currently monitoring came into play. An early rally on Monday stalled at 2117.50, our First Level Resistance and overnight the Major Support at 2095.50 (10mn Time Support) was briefly probed. As … [Continue reading]
Margin debt on the New York Stock Exchange (NYSE) is often used as a Market Sentiment indicator. The latest data shows that margin debt increased by a huge 6.5% in April and is now above $500 Billion for the first time. This will worry analysts as … [Continue reading]
What is Margin Debt? Margin Debt is the total money borrowed by investors from their brokers to buy stocks. This is done using margin accounts. Margin debt on the New York Stock Exchange (NYSE) is often used as a Market Sentiment indicator and … [Continue reading]
Pre-open comment Monday 1st June Significant Selling has not been marked since early May. Even though Buying has been marked five times during that time period it has not been particularly Effective with the attempted break higher mid month … [Continue reading]
This week's Chartprofit eBook is available to view The DNL Reader is required to view the eBook. If you do not have this program please download it here: www.digitalwebbooks.com/reader/ … [Continue reading]
Chartprofit webcast Today's Chartprofit webcast is available to view … [Continue reading]
