Daily analysis - Stock Market, Bonds, Forex and more
Technical analysis - Market post-open 18th December An early probe above Wednesday's high was rejected on Thursday. Sellers were active intraday. An "inside" Value Area was generated. Late in the day weakness saw a test of the previous day's low … [Continue reading]
Pre-open Thursday 17th December Buyers were active intraday on Wednesday and an overlapping/higher Value Area was generated. Aggressive Buying (green-at-top) was marked. As long as ES holds above 2043 (min 1/2R) it is in a strong price location … [Continue reading]
Technical analysis - Market pre-open 16th December 2015 Sellers were active intraday on Tuesday but a higher Value Area was generated which does not indicate Effective Selling. In the ST neither Buying or Selling activity is obviously controlling, … [Continue reading]
Technical analysis - Market pre-open 15th December 2015 Note: I am now following the ES Mar contract. Buyers were active intraday on Monday but a lower Value Area was generated which does not indicate Effective Buying. Key Charts/Levels to … [Continue reading]
Technical analysis - Market pre-open 14th December 2015 Note: I have shown the ES Dec contract through Friday. In Tuesday's pre-open I will switch to the ES Mar contract. Sellers were active again on Friday and generated a lower Value Area … [Continue reading]
Chartprofit eBook This week's Chartprofit eBook is available to view … [Continue reading]
Chartprofit video 11th December 2015 … [Continue reading]
Technical analysis - Market pre-open 11th December 2015 Buyers were active intraday on Tuesday and again on Thursday but were Ineffective on both days generating lower or inside Value Areas. In contrast the Selling on Wednesday was Effective … [Continue reading]
Technical analysis - Market pre-open 10th December 2015 Sellers were active on Wednesday and more effective than the Buyers on Tuesday, generating a lower, wider Value Area. Significant Selling (red) was marked. ES broke below 2054.50 (1/2R off … [Continue reading]
OECD Charts – ChartProfit The OECD Composite Leading Indicators (CLIs) are designed to anticipate turning points in economic activity relative to trend. The latest report from OECD says this… “Stable growth momentum is anticipated in Canada … [Continue reading]