Daily analysis - Stock Market, Bonds, Forex and more
posted 07.38 a.m. est pre-open comment Thursday 23rd May On Wednesday, for the first time in fifteen days, I marked Significant Selling. This means that new long trades are now eliminated for me at least until Significant Buying is marked … [Continue reading]
Chartprofit Webcast 23rd May … [Continue reading]
Usually Dollar Index strength = SP500 weakness Currently they are both heading higher. Either the inverse relationship is breaking down or one of them will soon … [Continue reading]
posted 09.02 a.m. est pre-open comment Wednesday 22nd May Tuesday generated a higher, wider Value Area. Significant Selling has not been marked for fourteen days. First indication of ST weakness would be Significant Selling marked below … [Continue reading]
posted 08.05 a.m. est pre-open comment Tuesday 21st May Monday generated a higher, narrower Value Area on less Volume. Dayframe: the minor (8day) poc migrated higher on Monday to 1663.50. This could be intraday S/R … [Continue reading]
Chartprofit eBook 17h May Latest ChartProfit eBook is available to view at: https://chartprofit.com/ebook/130517_Charts.zip The DNL Reader is required to view the eBook. If you do not have this program please download it … [Continue reading]
posted 08.12 a.m. est pre-open comment Monday 20th May Last week I marked Significant Buying twice. So far at least, higher prices have not attracted a Significant Response from the Sellers. Significant Selling has not been marked for twelve … [Continue reading]
Chartprofit Webcast 17th May … [Continue reading]
posted 08.25 a.m. est pre-open comment Friday 17th May Thursday generated an "inside" Value Area. Buyers still in control of the dayframe and no Significant Selling marked for eleven days. First sign of ST weakness would be time printed below … [Continue reading]
posted 05.40 a.m. est pre-open comment Thursday 16th May Wednesday generated another higher, wider Value Area. Significant Selling has not been marked for ten days. %Stocks>50dyma numbers: Nyse 79% Nasdaq 69% R2000 73%. Numbers >50 are … [Continue reading]