Daily analysis - Stock Market, Bonds, Forex and more
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]
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Technical analysis - Monday 26th October 2015 Please read previous highlighted comments. ES closed strong for the week having probed above 2070 on Friday, a level where I suspect the current distribution will become stretched. Acceptance of price … [Continue reading]
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Technical analysis - Market pre-open 23rd October 2015 See yesterday's highlighted comments. We had four days of overlapping Value Areas where Sellers were offered opportunity. Buyers, encouraged by the lack of response from the Sellers re-emerged … [Continue reading]
Technical analysis - Market pre-open 22nd October 2015 Following two days of Ineffective Selling in the middle of last week Buyers (green) auctioned ES higher and price has been ranging since then between 2010 and 2030 generating overlapping Value … [Continue reading]
OECD Charts - ChartProfit The latest report from OECD says this… “Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, show signs of a moderating growth outlook in most major … [Continue reading]
Technical analysis - Market pre-open 21st October 2015 Buyers have been active over the last four days. This week has generated overlapping Value Areas with price printing enough time at 2020.50 to lift the minor poc to this level which is now … [Continue reading]
Technical analysis - Market pre-open 20th October Monday's session generated the ninth Value Area above 1971.00, the 1/2R off this year's high and ES must hold this Support to remain in a strong price location. Buyers Reacted to an open below … [Continue reading]
This week's Chartprofit eBook is available to view … [Continue reading]