Daily analysis - Stock Market, Bonds, Forex and more
SPY close to Support at 169.10 posted 07.40 a.m. est Tuesday's session generated the seventh consecutive Value Area above the 12mn poc at 1685.50. However, the low was close to that poc Support as was the SPY low close to its 169.10 4mn poc … [Continue reading]
SPY and ES approaching Support posted 06.55 a.m. est As mentioned previously, the Selling (red) marked at the end of last week can both be labelled "Responsive" in the longer timeframe (even the dayframe "Aggressive" Selling on Friday). This … [Continue reading]
Chartprofit eBook 20th September 2013 Latest ChartProfit eBook is available to view at: https://chartprofit.com/ebook/130920_Charts.zip The DNL Reader is required to view the eBook. If you do not have this program please download it … [Continue reading]
posted 07.30 a.m. est pre-open comment Monday 23rd September Friday closed within Mon-Wed Hi-Lo Range which indicates no bias on the weekly timeframe. Last week I marked Significant Selling three times and Significant Buying once. Friday's … [Continue reading]
ChartProfit Webcast 20th September … [Continue reading]
posted 08.52 a.m. est pre-open comment Friday 20th September Thursday's session generated a narrower but higher Value Area. Sellers Responded (red-at-top) immediately after the open to a test of Wednesday's high. If ES prints 1723 or higher it … [Continue reading]
posted 09.18 a.m. est pre-open comment Thursday 19th September Following the FED announcement ES spiked to a new high and Aggressive Buying (green-at-top) was marked. The only technical negatives I can see at the moment are the overbought … [Continue reading]
posted 07.53 a.m. est pre-open comment Wednesday 18th September During Tuesday's session ES accepted price in the area of Monday's red-at-top high negating any ST negative implications of that imbalance, see yesterday's highlighted comments. … [Continue reading]
posted 09.20 a.m. est pre-open comment Tuesday 17th September Note: we are now following the December ES contract. Sellers Responded (red-at-top) to Monday's higher open. This was the first Significant Selling marked in nine days. If ES … [Continue reading]
