Daily analysis - Stock Market, Bonds, Forex and more
Last three Value Areas have been printed entirely above the 4586 Control. Overnight ES has dipped down towards the 1-month VAL at 4550. Acceptance (time spent at or below that level) would be a sign of weakness on the minor timeframe. Bulls would … [Continue reading]
Volatile day on Thursday but pre-RTH today ES is back above 4586. Important for Bulls now that 4586 holds as Support. … [Continue reading]
From note pre-RTH 07/25 highlighted on chart, 'the minor Control has now migrated to 4586. If that level can be exceeded it would set up a higher target now of 4678'. First sign of weakness now would be time printed below 4586. … [Continue reading]
In yesterday's note I said 'the minor Control has now migrated to 4586. If that level can be exceeded it would set up a higher target now of 4678'. You can see on the chart that 4586 held as Support early in RTH on Tuesday but pre RTH today it is … [Continue reading]
from yesterday's pre-RTH note 'First Level Resistance at the start of this week is 4591.00'.You can see from the chart that there was a brief, rejected test of this Resistance on Monday.Development: the minor Control has now migrated to 4586. 'If' … [Continue reading]
Selling (red) was marked on Thursday but the First Level Support at 4550.50 was not tested. First Level Resistance at the start of this week is 4591.00; Support remains at 4550.50. see also, note 07/17 on chart. … [Continue reading]
Selling (red) was marked on Thuursday but the First Level Support at 4550.50 was not tested. ES has rallied back strongly and Pre-RTH Open is approaching today's Resistance at 4591.00. If ES prints time above that level post-open we could see a … [Continue reading]
LT: please read Monday's note, highlighted on chart.ST: as noted, the v min Control migrated to 4550.50 on Monday. Tuesday RTH opened just below that level, recovered it immediately and rallied for the rest of the session. Held higher overnight. … [Continue reading]
LT: please read Monday's note, highlighted on chart.ST: as noted, the v min Control migrated to 4550.50 on Monday. Tuesday RTH opened just below that level, recovered it immediately and rallied for the rest of the session. Held higher overnight. … [Continue reading]
LT: please read Monday's note, highlighted on chart. ST: the v min Control has migrated to 4550.50. Pre RTH Open, ES prints below 4550.50. Price relative to that level is worth monitoring today. … [Continue reading]