Daily analysis - Stock Market, Bonds, Forex and more
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]
posted 8.27 a.m. et pre-open comment Monday 30th July Friday closed above Mon to Wed Hi-Lo Range so this is Buyers Active on this timeframe. On Friday I marked Significant Buying as ES probed above the 7month VAH at 1377 (dotted). The 1366poc … [Continue reading]
posted 9.22 a.m. et pre-open comment Friday 27th July ES gapped higher to Open on Thursday and the day session gap is still there. A brief probe below the 5month poc at 1348 was rejected. This is First Level Support and price below that level … [Continue reading]
posted 8.43 a.m. et pre-open comment Thursday 26th July Following comments from the ECB, the market has spiked higher pre-open. ES will very likely print above 1346 (Tuesday's session high) in today's session and that would negate the negative … [Continue reading]
posted 9.27 a.m. et pre-open comment Wednesday 25th July On Tuesday I marked Aggressive Selling (red-at-bottom). A lower, wider VA was generated on increased Volume. Pre-open ES prints back above the 1/2R at 1334.50 but other major charts … [Continue reading]
posted 9.23 a.m. et pre-open comment Tuesday 24th July ES was much weaker at the Session Open on Monday but found Support at the First Level which was the 1/2R at 1334.50. Therefore this chart is not yet in a weakened price location i.m.o. (SPY … [Continue reading]
posted 9.18 a.m. et pre-open comment Monday 23rd July Note: The new low today in the EURUSD and re-ignited eurozone fears mean the U.S. markets will Open much weaker today. I will be uploading a short video about one hour into the session today … [Continue reading]
posted 9.28 a.m. et pre-open comment Friday 20th July Like Wednesday, Thursday generated a higher, narrower Value Area on reduced Volume but no obvious Response yet from the Sellers. As per previous comments, it is worth noting that the 6month … [Continue reading]