Daily analysis - Stock Market, Bonds, Forex and more
posted 9.26 a.m. et pre-open comment Tuesday 21st August With Significant Sellers making no appearance across the recent range ES is seeking them higher. Currently the first indication of weakness would only occur if Significant Selling is … [Continue reading]
posted 8.59 a.m. et pre-open comment Monday 20th August Last week I marked Significant Buying three times and no Significant Selling. Friday's Close was above the high of Mon-Wed Range so this is Buyers Active on this timeframe. Currently the … [Continue reading]
posted 8.55 a.m. et pre-open comment Friday 17th August Buyers Responded (green-at-bottom) again on Thursday at the slightest opportunity which was a probe below Wednesday's Value Area. Later in the day I marked Aggressive Buying … [Continue reading]
posted 9.06 a.m. et pre-open comment Thursday 16th August Buyers Responded (green-at-bottom) just above yesterday's First Level S/R at 1398.50 which was the newly migrated 25dy poc. Significant Sellers have not been marked at all across this … [Continue reading]
posted 9.21 a.m. et pre-open comment Wednesday 15th August ES opened Tuesday's session above the LT VAH at 1404 (dotted) but no progress has been made above that level. The March high for ES September contract is 1413.50. Dayframe: The … [Continue reading]
posted 9.21 a.m. et pre-open comment Tuesday 14th August See previous highlighted comments on graphic. ES briefly tested the given Dayframe Support which was the 10dy poc at 1395. This was rejected and ES closed strongly. Pre-open today ES … [Continue reading]
posted 9.19 a.m. et pre-open comment Monday 13th August See highlighted comments from Friday's pre-open. Significant Buyers were marked twice on Friday following five days when Sellers did not Respond to the opportunity of higher prices. … [Continue reading]
posted 9.24 a.m. et pre-open comment Friday 10th August ES gapped up a week ago and has managed to consolidate the higher prices with no Response so far from the Significant Sellers. If Sellers stay absent Buyers would be encouraged to … [Continue reading]
posted 8.45 et pre-open comment Thursday 9th August Updating from last pre-open comment which was Tuesday 31st July. Significant Selling was marked in late July/early August but the Selling was only strong enough to auction ES down to the … [Continue reading]
posted 2.45 a.m. et pre-open comment Tuesday 31st July Note: this was posted at 3a.m. et. Sellers Responed (red-at-top) on Monday. Price is probing above the 7month VAH at 1377 (dotted). LT Value Area Highs will often stall an uptrend but … [Continue reading]