Daily analysis - Stock Market, Bonds, Forex and more
Technical analysis - Market pre-open 30th November 2015 The shortened week was spent consolidating and no Significant Buying or Selling was marked. Last week the 5mn poc migrated to 2087.00, close to the maj poc at 2094.00. Price relative to these … [Continue reading]
Technical analysis - Market pre-open 27th November 2015 The 5mn poc has migrated to 2087.00, close to the maj poc at 2094.00. Price relative to these levels will be a good guide to strength/weakness. Thirty minutes pre-open ES is printing between … [Continue reading]
Technical analysis - Market pre-open 25th November 2015 Overnight on Tuesday ES printed close to the 2063 Support and rallied back during Tuesday's session. The numbers +9 and +106191 indicate Buyers were active intraday but notice the … [Continue reading]
Technical analysis - Market pre-open 24th November 2015 ES probed the 2094 Resistance (major poc) late last week and has stalled with the last three Value Areas being narrow on below-average Volume. This could be Buyers Resting looking for a … [Continue reading]
This week's Chartprofit eBook is available to view … [Continue reading]
Technical analysis - Market pre-open 23rd November 2015 On Tuesday and Thursday last week Sellers were active intraday but were not Effective as both days generated higher Value Areas. Buyers were more successful and ES rallied throughout the week … [Continue reading]
Technical analysis - Market pre-open 20th November 2015 Sellers were active intraday on Thursday but, similar to Tuesday, they were not Effective, generating a higher but very narrow Value Area. The VA was printed entirely above the 2063.00 poc … [Continue reading]
Technical analysis - Market pre-open 19th November 2015 On Wednesday ES found Support at 2054, the minor 1/2R and rallied to print more time at the 2063.00 poc. The Value Area was centred around this level and a VA printed entirely above this … [Continue reading]
Technical analysis - Market pre-open 18th November On Tuesday ES rallied further to briefly probe our First Level Resistance at 2063.00. Chart declined from there to close near the low of the day. Sellers were active intraday but the Value Area … [Continue reading]
Technical analysis - Market pre-open 17th November 2015 On Monday buyers were active intraday. The rally was impressive and 2054, the very minor 1/2R off the recent high, has been probed pre-open today. The Value Area was only … [Continue reading]