Daily analysis - Stock Market, Bonds, Forex and more
posted 8.38 a.m. et pre-open comment Monday 8th October Friday's session opened well above the VAH (dashed) at 1454 (see Thursday's comments) but was quickly auctioned back below that level. imo the most bullish development here is that same … [Continue reading]
posted 9.12 a.m. et pre-open comment Friday 5th October Thursday's session generated a higher, narrower Value Area but entirely above 1446 (1/2R off September high). That's encouraging. Further strength would be implied if ES can print some … [Continue reading]
posted 05.50 a.m. et pre-open comment Thursday 4th October Note: this was written at 05.45 a.m. et Wednesday's low was early in the session at 1435.50 - our First Level Support being 1435.00. The Value Area was higher and slightly wider. … [Continue reading]
posted 9.16 a.m. et pre-open comment Wednesday 3rd October Tuesday's high was early in the session at 1446, our First Level Resistance. ES then sold off to probe below First Level Support at 1435 before recovering late in the session. Pre-open … [Continue reading]
posted 09.10 a.m. et pre-open comment Tuesday 2nd October On Monday Sellers Responded to an early probe above the 1446 First Level Resistance and price was auctioned back to First Level Support at 1435, the 35dy poc. That level held overnight … [Continue reading]
posted 9.00 a.m. et pre-open comment Monday 1st October Last week I marked Significant Buying twice and Significant Selling once. Friday closed within Mon-Wed Hi-Lo Range so there was no bias on this timeframe. The composite Value Area for … [Continue reading]
posted 9.06 a.m. et pre-open comment Friday 28th September Repeating what I wrote pre-open Wednesday - You can see on the chart that Significant Buyers and Sellers have both been active recently. There is a struggle for control of the dayframe … [Continue reading]
posted 6.27 a.m. pre-open comment Thursday 27th September Note: this written at 6.25 a.m. et Wednesday's session generated a lower, narrower Value Area on less volume. The most recent imbalance was Selling (red) on Tuesday which means new … [Continue reading]
posted 9.11 a.m. et pre-open comment Wednesday 26th September You can see on the chart that Significant Buyers and Sellers have both been active recently. There is a struggle for control of the dayframe and if Significant Selling is marked … [Continue reading]
posted 9.14 a.m. et pre-open comment Tuesday 25th September The minor consolidation range shown on the chart has VAH = 1458 and VAL = 1448 (both dotted). In the ST, Buyers/Sellers are Responding below/above these levels (see chart). It is … [Continue reading]