Daily analysis - Stock Market, Bonds, Forex and more
posted 08.50 a.m. est Pre-open comment Monday 7th April On Friday I marked Reactive Selling (red-at-top) and Aggressive Selling (red-at-bottom). New long trades are now eliminated for me, at least until new Significant Buying is marked. … [Continue reading]
Today's ChartProfit Webcast is available to view … [Continue reading]
posted 08.40 a.m. est Pre-open comment Friday 4th April The ST analysis is positive with ES holding above 1872.50 (28dy poc), Breadth numbers picking up, Momentum (PriceOsc) up for all four stock index ETFs and although Sellers were active … [Continue reading]
posted 09.07 a.m. est Pre-open comment Thursday 3rd April The minor (27dy poc) migrated higher again to 1872.50. As long as ES holds above this level it is in a strong price location in the ST. Breadth numbers improved again, see below. SPY, … [Continue reading]
posted 07.38 a.m. est Pre-open comment Wednesday 2nd April On Tuesday I marked Aggressive Buying (green-at-top). New short trades are now eliminated for me at least until Significant Selling is marked again. As long as ES holds above 1864 (25dy … [Continue reading]
posted 09.15 a.m. est Pre-open comment Tuesday 1st April Monday's session generated a higher, narrower, Value Area. Enough time was spent at 1864 for the minor (25dy) poc to migrate to this level (down from 1872). As long as ES holds above this … [Continue reading]
