Daily analysis - Stock Market, Bonds, Forex and more
Pre-open comment Thursday 7th May Please read yesterday's highlighted comments. Last two Value Areas have been generated below 2095.50 (4mn poc) which indicates weakness and a big positive would be time spent back above that level. However, the … [Continue reading]
Pre-open comment Wednesday 5th May Please read previous highlighted comments. Current activity from Significant Buyers and Sellers is causing volatile price action. Marking Aggressive Buying and Selling so close is rare. In the dayframe the … [Continue reading]
Pre-open comment Tuesday 4th May Monday's session generated a higher, narrower Value Area. As long as ES holds above 2095.50 it is in a strong price location. Bulls would want see breadth numbers improve, see below, and Price Momentum: SPY, DIA, … [Continue reading]
Pre-open comment Monday 4th May On Thursday I marked Aggressive Selling below 2095.50 (see Friday's highlighted comments) which indicated weakness, but on Friday Significant Buying was marked above Thursday's high which negated any ST negative … [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]
Today's Chartprofit webcast is available to view … [Continue reading]
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]
