Daily analysis - Stock Market, Bonds, Forex and more
Technical analysis - Market pre-open Thursday 5th November See previous highlighted comments. A Value Area printed below 2095 (12mn poc) would be the first sign of weakness but currently (two hours pre-open) ES is printing above 2100. Significant … [Continue reading]
Technical analysis - Market pre-open 4th November 2015 See Tuesday's highlighted comments. Monday's green-at-top high was tested on Tuesday and a higher Value Area was generated above 2095 (12mn poc). If ES holds above this level it is in a strong … [Continue reading]
Technical analysis - Market pre-open 3rd November 2015 On Monday I marked Aggressive Buying. These green-at-top highs are tested 80% of the time within a day or two and if that happens ES will be printing above 2095 (12mn poc). If Key Chart IWM … [Continue reading]
IWM chart has made a higher low which found support at the TSR. That's a positive. It now needs to print above the 1/2R Resistance to move into a strong price location. … [Continue reading]
Technical analysis - Market pre-open 2nd November 2015 Last week ES consolidated higher prices with our First Level Support moving up to 2063.00 as the five month controlling price migrated to this level mid-week. ES needs to hold this level to … [Continue reading]
Chartprofit webcast 30th October … [Continue reading]
Technical analysis - Market pre-open 30th October 2015 See yesterday's highlighted comments. Thursday's session generated a higher, narrower value Area on below average Volume. So far these higher levels have not brought a reaction from the … [Continue reading]
Technical analysis - Market pre-open 29th October 2015 As mentioned yesterday enough time was printed at 2063.00 to migrate the five month poc to that level. And on Wednesday the more minor poc (of what I assume to be the current distribution) … [Continue reading]
Technical analysis - Market pre-open 28th October 2015 Two quiet days so far this week with low Volume and narrow Value Areas. Enough time has been spent at 2063.00 to migrate the five month poc to this level. Price relative to 2063.00 has now … [Continue reading]
Technical analysis - Market pre-open 27th October 2015 Please read previous highlighted comments. A very quiet day on Monday with low Volume and a narrow "inside" Value Area generated ahead of the Fed meeting. As long as ES holds above 2020.50 it … [Continue reading]