Daily analysis - Stock Market, Bonds, Forex and more
Pre-open Friday 11th September On Wednesday, ES opened above the 1978.50 1/2R Resistance but price was rejecetd above this level. The minor Support at 1933.00 held (see chart) but time printed below this level would be weaker price location and … [Continue reading]
Technical Analysis - Market pre-open 10th September 2015 See previous, highlighted, comments on graphic. On Wednesday, ES opened above the 1978.50 1/2R Resistance but price was rejecetd above this level and sold-off to close just above the minor … [Continue reading]
Pre-open Wednesday 9th September The market has rallied from the deeply bearish Sentiment levels seen at the end of last week which means the Resistance levels on the Stock Index charts, see below, will likely come into play. Breadth, see below, … [Continue reading]
Technical analysis - Market pre-open 8th September 2015 There is significant Resistance on the Stock Index charts, see below, which may come into play this week if market rallies. Volatility remains high and pre-open today ES is higher and has … [Continue reading]
Chartprofit webcast Today's Chartprofit webcast is available to view … [Continue reading]
Technical analysis S&P 500 emini pre-open 4th September Dayframe: Early in Thursday's session there was a push higher towards the Resistance (1977/78) but this failed and overnight ES sold back to the minor (20dy poc) at 2032.00. Pre-open ES … [Continue reading]
Technical analysis S&P 500 emini pre-open 3rd September A Significant Selling day (red) immediately followed by a Signicant Buying day (green) is rare but this is a volatile market. As I wrote yesterday "If ES prints above 1939.50, yesterday's … [Continue reading]
Technical analysis S&P 500 emini pre-open 2nd September See yesterday's highlighted comments. On Tuesday I marked Aggressive Selling but this was on a gap-down day which makes any negative implications less reliable. If ES prints above … [Continue reading]
Technical analysis S&P 500 emini pre-open 1st September See yesterday's highlighted comments. ES (and SPY) reached their 1/2R levels off this year's high and have found Resistance at those levels. Pre-open today ES has sold off violently. As I … [Continue reading]
Technical Analysis S&P 500 emini pre-open 31st August Large caps (SPY/ES) have been out-performing Small-caps and have reached their 1/2R levels off this year's high - see dashed line. Price printing time above this level would be a sign of … [Continue reading]