Daily analysis - Stock Market, Bonds, Forex and more
posted 09.24 a.m. est pre-open comment Thursday 29th August Last week the 5mn poc migrated higher to 1644.50. Previous to that the poc was at 1627 and Buyers Responded on Wednesday (green-at-bottom) to a probe below that level. Potentially … [Continue reading]
posted 09.23 a.m. est pre-open comment Wednesday 28th August The high of Tuesday's session came in at the 6mn poc at 1644.50. Aggressive Selling was marked later in the day for the second time this week and this time below that poc . This is … [Continue reading]
posted 07.58 a.m. est pre-open comment Tuesday 27th August ST analysis improved last week. SPY held important Support and breadth improved. LT analysis has not confirmed. Friday closed above Mon-Wed Hi-Lo range indicating Buyers active on the … [Continue reading]
ChartProfit eBook 23rd August https://chartprofit.com/ebook/130823_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]
Chartprofit webcast 23rd August … [Continue reading]
posted 09.12 a.m. est pre-open comment Friday 23rd August See Wednesday's highlighted comments. Both Significant Buyers and Sellers have been active this week. Actually on alternate days. This seemingly unusual activity is understandable in … [Continue reading]
Both Significant Buyers and Sellers have been active this week. Actually on alternate days. This seemingly unusual activity is understandable in the area of an important poc because both parties see opportunity. To my mind a poc is a level … [Continue reading]
posted 09.17 a.m. est pre-open comment Thursday 22nd August On Wednesday the 5mn poc migrated to 1644.50. This is significant and brings the poc to a similar level to the SPY poc, see below. If ES prints below 1644.50 it is in a weak price … [Continue reading]
posted 09.17 a.m. est pre-open comment Wednesday 21st August Responsive Buying (green-at-bottom) was marked on Tuesday at the 1642, the 60day VAL, see S&P-500 emini price distribution off June low This level cannot necessarily be relied … [Continue reading]
This is the developing distribution off the June low. ES (Sep). The Value Area Low (VAL) at 1642 cannot necessarily be relied on for Support but interesting that ES has paused here. Note that the VAL and VAH will move if the poc of this … [Continue reading]