Daily analysis - Stock Market, Bonds, Forex and more
Pre-open comment Friday 15th May Please read previous highlighted comments. On Thursday I marked Aggressive Buying. These (green-at-top) highs are tested within a day (or two) 80% of the time. Pre-open today ES has printed a new high and with … [Continue reading]
Pre-open comment Thursday 14th May Please read previous highlighted comments. ES has become ever more focused at 2095.50 and price action this week (see chart) means that the ten month control price has now migrated to that level. Migration of an … [Continue reading]
Pre-open comment Wednesday 13th May Buyers Reacted on Tuesday (green-at-bottom), and ES was auctioned back to 2095.50, the 4mn poc, where it spent most time during the session, see chart and previous highlighted comments. As already said, the 7mn … [Continue reading]
Pre-open comment Tuesday 12th May Please read previous highlighted comments. I marked Aggressive Selling on Monday. The ST volatile behaviour of the Significant Buyers and Sellers continues with any attempt by either group to auction ES away from … [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]
Pre-open comment Monday 11th May Friday generated a higher, narrower Value Area, closing towards the high of the week, back above 2095.50 (4mn poc). As long as ES can hold this level it is in a strong price location. First Level Support = … [Continue reading]
