Daily analysis - Stock Market, Bonds, Forex and more
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]
Chartprofit eBook: https://chartprofit.com/ebook/130614_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 08.20 a.m. est pre-open comment Monday 17th June Over the last seven days both Significant Buying and Selling has been marked (see chart) with recent price action oscillating around the 60day poc at 1628. First Level Resistance remains … [Continue reading]
Chartprofit Webcast 14th June … [Continue reading]
posted 08.25 a.m. est pre-open comment Friday 14th June On Thursday Buyers Responded early to a test of Wednesday's low and Aggressive Buying was also marked later in the session. The Value Area was overlapping Wednesday's so this was not … [Continue reading]