Daily analysis - Stock Market, Bonds, Forex and more
posted 09.05 a.m. est Pre-open comment Friday 14th March On Thursday Sellers Responded (red-at-top) immediately to an early probe above the minor poc at 1872. Aggressive Selling (red-at-bottom) was also marked later in the session. Once again … [Continue reading]
posted 08.59 a.m. est Pre-open comment Thursday 13th March Buyers Responded (green-at-bottom) immediately on Wednesday following Tuesday's Ineffective Selling, see previous highlighted comments. Once again, new short trades are now eliminated … [Continue reading]
posted 09.12 a.m. est Pre-open comment Wednesday 12th March On Tuesday I marked Aggressive Selling for the first time since 02/19. Like then, this is Ineffective Selling because the Value Area is overlapping the previous day's Value Area. Even … [Continue reading]
Margin debt on the New York Stock Exchange (NYSE) is often used as a Market Sentiment indicator and it reached a record high of $451.3 billion in January. What is Margin … [Continue reading]
posted 09.15 a.m. est Pre-open comment Tuesday 11th March No Significant Selling has been marked for eleven days. First sign of weakness in the LT would be Effective Selling marked below 1835.50. Breadth is supportive, see below, and Key Charts … [Continue reading]
Ten and Twenty year cycles suggest weakness ahead download pdf of chart … [Continue reading]
Chartprofit eBook 7th March 2014 Latest 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 pdf version *********** … [Continue reading]
