Daily analysis - Stock Market, Bonds, Forex and more
Pre-open comment Friday 1st May ES rejected price above 2095.50 (4mn poc) immediately after the open on Thursday, see yesterday's highlighted comments, and the Value Area was generate entirely below this level. Strictly applying my rules I had to … [Continue reading]
Pre-open comment Thursday 30th April Wednesday's session generated a lower, overlapping Value Area. ES is still finding price around 2095.50 (4mn poc) "attractive" and the minor poc which is currently a little higher will likely move to this … [Continue reading]
Pre-open comment Wednesday 29th April Early in Tuesday's session there was a rejected test of 2095.50, our First Level Support, see previous highlighted comments. Reactive Buying was marked and once again this is positive price action. First sign … [Continue reading]
Pre-open comment Tuesday 28th April See yesterday's highlighted comments. Pre-open today ES has printed as low as 2095.25, i.e. it has tested the First Level Support at 2095.50. First sign of weakness is time printed below this level. Dayframe: … [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 comment Monday 27th April Last week the 3mn poc migrated to 2095.50 and first sign of weakness would now be time printed below this level A new high was reached, breadth numbers and price momentum are supportive and the Rydex ratio is … [Continue reading]
