Daily analysis - Stock Market, Bonds, Forex and more
posted 08.48 a.m. est pre-open comment Monday 29th April Last week saw an improvement in price location with ES and the four major index ETFs ending the week above their 1/2R levels off recent high. We monitor these 1/2R levels as follows: SPY … [Continue reading]
ChartProfit Webcast 26th April … [Continue reading]
posted 07.48 a.m. est pre-open comment Friday 26th April Thursday generated a higher, wider Value Area on less Volume. ES currently holding at this higher level above the First Level Support at 1562 (1/2R off recent high). Breadth numbers … [Continue reading]
posted 09.09 a.m. est pre-open comment Thursday 25th April Wednesday generated a higher, narrow Value Area on less Volume. ES currently holding at this higher level above the First Level Support at 1562 (1/2R off recent high). First Level … [Continue reading]
posted 09.17 a.m. est pre-open comment Wednesday 24th April Following Monday's Aggressive Buying ES printed a higher/narrower Value Area on Tuesday. With Buyers Active and price location stronger I will assume higher as long as ES holds First … [Continue reading]
posted 09.03 a.m. est pre-open comment Tuesday 23rd April On Tuesday I marked Significant Buying for the first time in nine days - Aggressive Buying (green-at-top) which means that new short trades are now eliminated for me at least until … [Continue reading]
Chartprofit eBook 19th April Latest ChartProfit eBook is available to view at: https://chartprofit.com/ebook/130419_Charts.zip The DNL Reader is required to view the eBook. If you do not have this program please download it … [Continue reading]
posted 09.21 a.m. est pre-open comment Monday 22nd April Friday closed within Mon-Wed Hi-Lo range so no bias indicated on the weekly timeframe. The most recent imbalance is the Aggressive Selling marked last Monday so Long Trades are still … [Continue reading]
ChartProfit Webcast 19th April … [Continue reading]
posted 09.10 a.m. est pre-open comment Friday 19th April Thursday generated a lower/overlapping Value Area on less Volume. The high of the session was a test of the 5mn poc at 1548.50 which was immediately rejected. That usually has negative … [Continue reading]