Daily analysis - Stock Market, Bonds, Forex and more
posted 9.09 a.m. et pre-open comment Thursday 7th June Wednesday generated a higher, wider Value Area on increased Volume and I marked Aggressive Buying (green-at-top) for the second time this week. ES also rallied above the maj poc at 1307 … [Continue reading]
posted 9.09 a.m. et pre-open comment Wednesday 6th June please note: the timeframe considered within these comments is never intended to be very short term or daytrading timeframe. Monday generated at lower, narrower Value Area on less … [Continue reading]
posted 4.25 a.m. et pre-open comment Monday 4th June Chartprofit Market Timing System remained negative for all major Market Charts. ES closed below the Mon-Wed Hi-Lo Range which is Sellers Active on this timeframe. Previous week (w/e 25th … [Continue reading]
posted 9.28 a.m. et pre-open comment Friday 1st June Shortly before the day session Close there was a price probe above First Level Resistance at 1314.50 which was swiftly rejected. By the end of the session ES was printing back below the maj … [Continue reading]
posted 9.17 a.m. et pre-open comment Wednesday 30th May Significant Sellers were marked on Wednesday, Aggressively auctioning ES down to the major poc Support at 1307 but not below it. The 30dypoc migrated lower to 1314.50 which is now First … [Continue reading]
posted 9.25 a.m. et pre-open comment Wednesday 30th May In the ST, direction is not easy to judge. ES has printed three consecutive Value Areas above the major poc at 1307 which is encouraging but Significant Buyers have not been marked for … [Continue reading]
posted 9.21 a.m. et pre-open comment Tuesday 29th May Chartprofit Market Timing System remained negative for all major Market Charts. Weekly Structure: ES closed the week within Mon-Wed Hi-Lo Range which shows no bias. Previous week showed … [Continue reading]
posted 9.25 a.m. et pre-open comment Friday 25th May You can see on the chart that currently ES is oscillating around the 1307poc which is almost in the middle of this week's range. On Thursday ES printed an entire Value Area above 1307 (as … [Continue reading]
posted 7.46 a.m. et pre-open comment Thursday 24th May Monday's (green-at-bottom) low has been tested so there has been no real follow-through since that Buying activity. Maybe ES can make some progress today as it currently prints back above … [Continue reading]
posted 9.24 a.m. et pre-open comment Wedesday 23rd May ES is currently oscillating around the major poc at 1307 (prints 1307 as I write pre-open). We need to look for a clear higher low above or lower high below that level as clue re ST … [Continue reading]