Daily analysis - Stock Market, Bonds, Forex and more
Pre-open Friday 12th February See previous comments. Following Wednesday's rejected probe of the 1870 poc Resistance ES sold off to a new low for this decline. A lower Value Area was generated on Thursday and pre-open today ES has printed above … [Continue reading]
Technical analysis - Market pre-open 11th February 2016 See previous comments. There were two brief probes above the 1870 poc on Wednesday which were rejected and ES subsequently sold off. Overnight ES has printed as low as 1802.50 which was a … [Continue reading]
Technical analysis - Market pre-open 10th February 2016 See previous comments. Intraday Buyers were active on Tuesday and managed to generate an overlapping/higher Value Area. Market closed flat despite another sell-off in oil. Overnight ES has … [Continue reading]
Pre-open Tuesday 9th February See previous comments. Monday generated a lower Value Area, printed entirely below the 1870 poc. This is weak price location. There was a late rally but overnight ES has given back more than half the gains it made off … [Continue reading]
Technical analysis - Market pre-open 8th February 2016 See previous comments. On Friday I marked Aggressive Selling for the second time in the week. The Value Area was lower and wider but held above the 1870 Support. Overnight though global … [Continue reading]
Chartprofit video is available to view … [Continue reading]
Technical analysis - Market pre-open 5th February 2016 See previous comments. Thursday's session generated a higher, narrower Value Area above both Support levels that we are currently monitoring. This week's low (so far) was a brief, rejected … [Continue reading]
Technical analysis - Market pre-open 4th February 2016 See previous comments. Wednesday's red-at-bottom low was broken soon after the open but following a very brief test of the 1870 Support, see chart, ES rallied strongly. The rally was following … [Continue reading]
Technical analysis - Market pre-open 3rd February 2016 Immediately after Tuesday's open ES printed below Monday's session low (1912.50) which negated any ST positive implications of that green-at-top high, see yesterday's comments. Aggressive … [Continue reading]
Technical analysis - Market pre-open 2nd February 2016 See previous comments. On Monday Aggressive Buying was marked again but the Value Area was narrower and Volume was below average. If ES prints below Monday's session low (1912.50) post-open … [Continue reading]