Daily analysis - Stock Market, Bonds, Forex and more
posted 09.23 a.m. est Pre-open comment Monday 28th April Last week I marked no Significant Buying or Selling. On Friday the 3mn poc migrated to 1864. This is a useful level to monitor and could be a level of Support or Resistance at the start … [Continue reading]
Today's ChartProfit Webcast is available to view … [Continue reading]
posted 09.23 a.m. est Pre-open comment Friday 25th April ES found Support intraday at the minor (2mn) poc at 1864, see yesterday's highlighted comments. Average Hi-Lo range for ES recently has been about 36 points. This week the Hi-Lo range so … [Continue reading]
posted 09.18 a.m. est Pre-open comment Thursday 24th April I noticed that when sampled on a five minute basis the poc at 1835.50 became more important than just 6mn Support. This occured on the recent dip. Therefore I label it as major poc for … [Continue reading]
posted 08.45 a.m. est Pre-open comment Wednesday 23rd April Dayframe: ES has established an uptrend on this timeframe. Note that the last four sessions have been generated above the previous day's poc (extended on chart). As long as ES holds … [Continue reading]
posted 09.16 a.m. est Pre-open comment Tuesday 22nd April Last Wednesday the 3mn poc migrated higher to 1849.50 and became First Level Support. You can see that both subsequent Value Areas on Thursday and Monday were generated above this level. … [Continue reading]
