Daily analysis - Stock Market, Bonds, Forex and more
Pre-open comment Friday 24th April Thursday's session generated a higher, wider Value Area on increased Volume. After the open there was a brief test of First Level Support and ES rallied immediately which is positive price action. A new high was … [Continue reading]
Pre-open comment Thursday 23rd April On Wednesday ES opened below Tuesday's low and Buyers Reacted immediately (green-at-bottom). Later in the session, Tuesday's red-at-top high was tested negating any ST negative implications of that imbalance. … [Continue reading]
Pre-open comment Wednesday 22nd April ES opened above 2095.50 (3mn poc) and Sellers Reacted immediately (red-at-top). Note that the minor poc has also migrated to this level. Overnight ES has printed as low as 2080.25 (as of ninety minutes … [Continue reading]
Pre-open comment Tuesday 21st April The given minor poc level at 2084.00 provided early Support on Monday, see yesterday's highlighted comments. That's encouraging. And, during the session enough time was printed at 2095.50 to lift the 3month poc … [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 20th April Last week I did not mark any Significant Buying or Selling. The minor poc has migrated to 2084.00 and this should be monitored at the start of this week for intraday Support or Resistance, but as long as ES … [Continue reading]
