Daily analysis - Stock Market, Bonds, Forex and more
posted 08.00 a.m. est pre-open comment Friday 7th June By strictly applying my rules I had to mark Aggressive Buying (green-at-top) on Thursday. The Value Area was overlapping/lower so this is not Effective Buying. As I wrote yesterday "I need … [Continue reading]
posted 07.50 a.m. est pre-open comment Thursday 6th June On Wednesday an early probe above the 1626poc was immediately rejected (see chart) and later in the session Aggressive Selling (red-at-bottom) was marked below that level. This is a … [Continue reading]
posted 08.50 a.m. est pre-open comment Wednesday 5th June I marked Responsive Selling (red-at-top) on Tuesday. Session low once again tested the VAL at 1625 (dotted). Overnight ES has printed as low as 1621.75 and one hour pre-open ES is … [Continue reading]
posted 07.30 a.m. est pre-open comment Tuesday 4th June Friday's red-at-bottom low was tested on Monday but ES recovered back above the poc at 1626 (First Level Support). The higher price range that has developed since early May has its poc at … [Continue reading]
Chartprofit eBook: https://chartprofit.com/ebook/130531_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 09.05 a.m. est pre-open comment Monday 3rd June Friday's SPY close was below Mon-Wed Hi-Lo Range so Sellers were active on the weekly timeframe for the first time this year. On Friday I marked Aggressive selling again (red-at-bottom). … [Continue reading]
Chartprofit webcast 31st May … [Continue reading]
posted 09.10 a.m. est pre-open comment Friday 31st May Thursday's session generated a higher, narrower Value Area on less Volume. No follow through from the Buyers and overnight ES has seen weakness, currently printing below yesterday's … [Continue reading]
posted 09.16 a.m. est pre-open comment Thursday 30th May Strictly applying my rules I had to mark Resposnsive Buying on Wednesday which means new short trades are eliminated for me at least until new Significant Selling is marked. The Value … [Continue reading]
posted 09.20 a.m. est pre-open comment Wednesday 29th May Tuesday's session produced a higher, wider Value Area. 1653 was the minor poc and this provided Support during yesterday's session but time spent there has lifted the 25day poc to this … [Continue reading]