Daily analysis - Stock Market, Bonds, Forex and more
S&P 500 emini analysis Pre-open Thursday 16th July See yesterday's highlighted comments. Wednesday generated a second Value Area above 2095.00, the 10mn poc. In fact 2095.00 was the exact low of the session, see chart. This is encouraging. ES … [Continue reading]
Pre-open Wednesday 15th July See yesterday's highlighted comments. ES is now printing above 2095.00, the 10mn poc. It needs to hold this level to maintain a strong price location. Significant Buying marked above this level would be a big positive. … [Continue reading]
Bank of America Merrill Lynch fund manager survey for July shows investors lifting cash levels. With concerns over China, Greece and the possibility of a FED rate hike coming soon, global equity markets have seen a correction since April. … [Continue reading]
Pre-open Tuesday 14th July Following last week's rejected tests of the 2045.00 Support (see yesterday's highlighted comments) ES rallied on Monday to find Resistance at 2095.00, the 10mn poc. Aggressive Buying (green-at-top) was marked which can … [Continue reading]
This week's Chartprofit eBook is available to view The DNL Reader is required to view the eBook. If you do not have this program please download it here: www.digitalwebbooks.com/reader/ … [Continue reading]
Pre-open Monday 13th July Friday generated the ninth consecutive Value Area below 2095.00, the 10mn poc. In the LT this is weak price location and I would want to see Significant Buying marked above this level before considering new longs, unless … [Continue reading]
