Daily analysis - Stock Market, Bonds, Forex and more
Note: Usually when the SPY has a correction of 5% or greater the Rydex ratio falls by a minimum of 30%. Although the current correction from the SPY high on 09/18 is only about 3%, the Rydex ratio has changed very little from that date. Suggests that … [Continue reading]
S&P 500 emini pre-open Wednesday 1st October posted 07.20 a.m. est See previous comments highlighted on graphic. There is Support at ES 1949. I would want to see price location and breadth data improve before considering the long side. … [Continue reading]
S&P 500 emini pre-open Tuesday 30th September posted 08.02 a.m. est On Monday Buyers Reacted (green-at-bottom) to a test of last week's low. There is Support at ES 1949 and in the ST there is minor Resistance at 1985.00 (1/2R off recent … [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/ *********** PRICE … [Continue reading]
Pre-open comment Monday 29th September See previous, highlighted, comments. Last week I marked Significant Buying twice and Significant Selling twice (on Wednesday). Wednesday was was an Ineffective Buying day (overlapping Value Area) and made its … [Continue reading]
Chartprofit Webcast Friday 26th September Today's Chartprofit webcast is available to view … [Continue reading]
S&P 500 emini pre-open Friday 26th September posted 09.14 a.m. est See Wednesday's highlighted comments. Wednesday's Ineffective Buying day made its high at the minor 1/2R (weak ST pattern) and on Thursday ES broke below the level (1971) … [Continue reading]
