Daily analysis - Stock Market, Bonds, Forex and more
from Friday's webcast: "Last I spoke about the relationship between Small Cap IWM and the Spyder Large Cap ETF. If you look at the bottom of the chart we have IWM divided by SPY in blue and this is a weekly chart going all the way back to 2000. … [Continue reading]
Today's ChartProfit Webcast is available to view … [Continue reading]
posted 09.21 a.m. est Pre-open comment Friday 9th May Following Wednesday's Reactive Buying, Thursday generated a higher, wider Value Area. Thirty minutes pre-open today ES is printing at 1872, the 4mn poc. Very mixed with a lack of directional … [Continue reading]
posted 04.20 a.m. est Pre-open comment Thursday 8th May Note: this was posted at 4.00 a.m. See yetserday's highlighted comments. Tuesday's red-at-bottom low was tested on Wednesday but Buyers Responded (green-at-bottom). ES was auctioned … [Continue reading]
posted 08.26 a.m. est Pre-open comment Wednesday 7th May The 4mn poc is now at 1872. This is First Level Resistance. Strictly applying my rules I had to mark Aggressive Selling (red-at-bottom) on Tuesday. Although the Value Area was … [Continue reading]
posted 09.24 a.m. est Pre-open comment Tuesday 6th May On Monday Buyers Reacted (green-at-bottom) to a lower open but managed to generate a fourth consecutive Value Area above First Level Support at 1871.50. ES needs hold above this level to … [Continue reading]
