Daily analysis - Stock Market, Bonds, Forex and more
posted 09.00 a.m. est pre-open comment Friday 12th July Thursday generated a higher Value Area and Aggressive Buying (green-at-top) was marked. No Significant Selling has been marked for fourteen days and, most importantly, the 4mn poc has … [Continue reading]
posted 08.05 a.m. est pre-open comment Thursday 11th July Wednesday generated an overlapping Value Area. No Significant Selling has been marked for thirteen days. ES has printed high 1660's pre-open today. Sentiment data is interesting (see … [Continue reading]
10th July: USDCAD. Two important levels come together just above and below 1.0150 (see chart). This is where Support was found (higher low) in June. This puts the chart in a strong price location for the LT but seasonal weakness and the fact that … [Continue reading]
posted 09.03 a.m. est pre-open comment Wednesday 10th July Tuesday generated a third consecutive higher Value Area. No Significant Selling has been marked for twelve days. If I plot a price distribution using data from the start of this … [Continue reading]
9th July: NZDUSD. Note the failure in mid June at the 0.8114 1/2R off Aug 2011 high. There is potential Support at the 0.7588 major poc and a mild bullish divergence (dashed) is developing between price and the Price Osc. However if price prints … [Continue reading]
posted 04.40 a.m. est pre-open comment Tuesday 9th July Note: this was posted at 04.40 a.m. est. See yesterday's highlighted comments. Monday generated a higher, albeit narrower, Value Area printed entirely above the 1628 poc which is now … [Continue reading]
Chartprofit eBook 5th July https://chartprofit.com/ebook/130705_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]
posted 08.00 a.m. est pre-open comment Monday 8th July SPY closed above Mon-Wed Hi-Lo Range which indicates Buyers Active on this timeframe. The four stock index ETFs have cleared their Resistance. As long as these levels (highlighted on … [Continue reading]
Chartprofit Webcast 5th July … [Continue reading]
pre-open comment Friday 5th July >>ETF Resistance: SPY 162.40; DIA 150.14; QQQ 72.05; IWM 97.87 ETF Support: SPY 155.80; DIA 144.24; QQQ 68.62; IWM 93.62.<< The Support levels (above) that we have been monitoring held last week … [Continue reading]