Daily analysis - Stock Market, Bonds, Forex and more
Technical Analysis - Market pre-open 5th January 2016 The market opened sharply lower on Monday. Buyers were active intraday and auctioned ES to a close near the high of the session. Overnight ES printed above 2015 and then fell back below 1995. … [Continue reading]
Technical Analysis - Market pre-open 4th January 2016 Last week I marked Significant Buying once (Tuesday) and Significant Selling twice, later in the week. We have been monitoring the minor (23day) poc at 2052 (see previous comments) and on … [Continue reading]
Chartprofit eBook Chartprofit eBook 1st Januay 2016 … [Continue reading]
Technical analysis - Market pre-open 31st December 2015 Volume is thin and Value Areas are narrow. Therefore the Buying and Selling imbalances are most likely unreliable. I marked Aggressive Selling on Wednesday but ES held above 2052, the minor … [Continue reading]
Technical analysis - Market pre-open 30th December 2015 Buyers were active on Tuesday and generated a higher Value Area. As long as ES holds above 2043.00 (1/2R) it is in a strong price location. Price around 2067 may attract time. Dayframe: … [Continue reading]
Technical analysis - Market pre-open 29th December 2015 Monday generated a lower, narrow, Value Area on low Volume. Pre-open today ES is printing above 2060 and as long as it holds above 2043.00 (1/2R) it is in a strong price … [Continue reading]
Chartprofit eBook Chartprofit eBook 25th December 2015 … [Continue reading]
Technical analysis - Market pre-open 24th December 2015 Wednesday generated a higher, narrower Value Area on low Volume. Pre-open today ES is printing above 2043 (1/2R). Breadth numbers remain below 50, see below, but momentum (PriceOsc) although … [Continue reading]
Technical analysis - Market pre-open 22nd December Monday was a quiet day. Friday's red-at-bottom low was not tested. Before considering the long side at these level I would want to see price above 2043 (min 1/2R), Significant Buying being marked, … [Continue reading]
Technical analysis - Market pre-open 21st December 2015 Price action was poor at the end of last week. Thursday saw a test of the previous day's low negating any ST positive implications of Wednesday's Aggressive Buying and ES finished the session … [Continue reading]