Daily analysis - Stock Market, Bonds, Forex and more
Technical analysis - Market pre-open 12th January See previous comments. Sellers have been (and most likely still are) in contraol of the dayframe. The recent red-at-bottom lows have all been tested the following day and whenever Sellers are … [Continue reading]
Technical analysis - Market pre-open 11th January 2016 See previous comments. Value Areas on Thursday and Friday were printed entirely below 1965.25 (1/R off last year's high). This is weak price location. The breadth numbers, see below, are at … [Continue reading]
Technical analysis - Market pre-open 8th January 2016 See previous comments. Thursday's session opened sharply lower and an early probe up into First Level Resistance at 1965.25 (1/R off last year's high) was rejected. The Value was generated … [Continue reading]
Technical analysis - Market pre-open 7th January 2016 See previous highlighted comments. ES has weakened sharply overnight and pre-open is printing below 1965.25 (1/R off last year's high) which is now First Level Resistance. Note that Intraday … [Continue reading]
Technical analysis - Market pre-open 6th January 2016 See yesterday's highlighted comments. Tuesday generated a higher Value Area but overnight ES weakened again and as of thirty minutes pre-open has printed as low as 1971.25. I would want to see … [Continue reading]
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]