Daily analysis - Stock Market, Bonds, Forex and more
posted 07.48 a.m. est pre-open comment Thursday 27th June Wednesday generated another higher but narrow Value Area. I have yet to mark Significant Buying although the next level Support (given last week) has so far held on all the charts: ES … [Continue reading]
posted 07.50 a.m. est pre-open comment Wednesday 26th June Tuesday generated a higher, narrower Value Area. I have yet to mark Significant Buying although the next level Support (given last week) has so far held on all the charts: ES 1548; … [Continue reading]
posted 08.13 a.m. est pre-open comment Tuesday 25th June Monday generated a lower, wider Value Area. So far, pre-open today ES has rallied as high as 1578.25. The next level of Support as shown last week (and below) has so far held on all the … [Continue reading]
Chartprofit eBook: https://chartprofit.com/ebook/130621_Charts.zip The DNL Reader is required to view the eBook. If you do not have this program please download it here: www.digitalwebbooks.com/reader/ pdf version … [Continue reading]
posted 09.07 a.m. est pre-open comment Monday 24th June Last week I marked Significant (Aggressive) Selling twice and no Significant Buying. Please see previous comments highlighted on graphic. SPY closed on Friday below Mon-Wed Hi-Lo range … [Continue reading]
Chartprofit Webcast 21st June … [Continue reading]
posted 08.10 a.m. est pre-open comment Friday 21st June On Thursday I marked Aggressive Selling (red-at-bottom) for the second time this week. Red-at-bottom lows are tested within a day (or two) 80% of the time, although as I've mentioned … [Continue reading]
posted 07.28 a.m. est pre-open comment Thursday 20th June On Wednesday I marked Aggressive Selling (red-at-bottom). The Value Area was overlapping/lower and towards the top of the day's price range so this wasn't convincingly Effective … [Continue reading]
posted 07.10 a.m. est pre-open comment Wednesday 19th June On Tuesday ES opened just below its S/R at 1635.50 and immediately rallied. The entire Value Area was generated above that level which is improved price location, see yesterday's … [Continue reading]
posted 08.10 a.m. est pre-open comment Tuesday 18th June Note: We are now using the ES September contract. The 1/2R level off May high has therefore changed, see below. The 25day poc migrated to 1636 which is close to the 1/2R at … [Continue reading]