Daily analysis - Stock Market, Bonds, Forex and more
posted 08.16 a.m. est pre-open comment Friday 22nd February ES found its session low at 1495, our exact First Level Support (see yesterday's comments). This is now minor proven Support and ST Bulls would hope this level holds. Price below 1495 … [Continue reading]
posted 08.35 a.m. est pre-open comment Thursday 21st February ES sold off sharply late in the session. Aggressive Selling (red-at-bottom) was marked but the Value Area was overlapping the previous VA. I classify marked Selling as "Effective" … [Continue reading]
posted 07.45 a.m. est pre-open comment Wednesday 20th February ES broke higher on Tuesday and Significant Buying was marked. The entire session was above the First Level Support at 1517.50 which is the 30day poc. First Level Support = … [Continue reading]
posted 09.12 a.m. est pre-open comment Tuesday 19th February A number of Sentiment indicators are at, or close to a Bullish extreme which is a concern and the market is overbought. But both the LT and ST analysis remain positive. First sign of … [Continue reading]
Latest ChartProfit eBook is available to view at: https://chartprofit.com/ebook/130125_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 … [Continue reading]
Today's ChartProfit Webcast … [Continue reading]
posted 09.00 a.m. est pre-open comment Friday 15th February On Thursday Significant Buyers Responded (green-at-bottom) very early in the session to a brief probe below the lowest VAL of the last five days. This suggests Buyers are still in … [Continue reading]
posted 09.08 a.m. est pre-open comment Thursday 14th February Strictly applying my rules I had to mark Responsive Selling on Wednesday but this was Ineffective because yesterday's Value Area was overlapping/higher. Even so, new long trades are … [Continue reading]
posted 08.47 a.m. est pre-open comment Wednesday 13th February Tuesday's session generated a higher, narrower Value Area on increased Volume (although Volume has been below the 20dy average for the last three day). Aggressive Buying was marked … [Continue reading]
posted 09.11 a.m. est pre-open comment Tuesday 12th February Monday's session generated a narrow Value Area in the same area of price as Friday. Still no markable Response from the Sellers. First Level Support = 1495 (40dy … [Continue reading]