Daily analysis - Stock Market, Bonds, Forex and more
posted 09.17 a.m. est SPY-broke-Support-on-Friday The SP500 index closed on Friday below Mon-Wed Hi-Lo Range which indicates Active Selling on the weekly timeframe. Index ETFs: Momentum (Price Osc) is now down now for all four ETFs. ES … [Continue reading]
Chartprofit webcast 27th September … [Continue reading]
posted 09.25 a.m. est pre-open comment Friday 27th September There are two important poc levels on this chart. The poc at 1685.50 which provided Support over the last few days has shifted slightly higher (maybe temporarily) to 1689. With ES … [Continue reading]
posted 09.20 a.m. est pre-open comment Thursday 26th September You can see on the chart that First Level Support at 1685.50, the 12mn poc has been probed. First test early in the session was quickly rejected but this faded later in the session … [Continue reading]
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]
