Daily analysis - Stock Market, Bonds, Forex and more
posted 6.27 a.m. pre-open comment Thursday 27th September Note: this written at 6.25 a.m. et Wednesday's session generated a lower, narrower Value Area on less volume. The most recent imbalance was Selling (red) on Tuesday which means new … [Continue reading]
posted 9.11 a.m. et pre-open comment Wednesday 26th September You can see on the chart that Significant Buyers and Sellers have both been active recently. There is a struggle for control of the dayframe and if Significant Selling is marked … [Continue reading]
posted 9.14 a.m. et pre-open comment Tuesday 25th September The minor consolidation range shown on the chart has VAH = 1458 and VAL = 1448 (both dotted). In the ST, Buyers/Sellers are Responding below/above these levels (see chart). It is … [Continue reading]
posted 9.00 a.m. e.t. pre-open comment Monday 24th September The LT analysis remains postive, ST analysis is neutral with Sellers vying for control of the dayframe. The Chartprofit Market Timing System is positive for all Market Charts and the … [Continue reading]
posted 8.31 a.m. et pre-open comment Friday 21st September My rules did not allow me to mark Significant Buying although ES closed strong and one hour pre-open prints towards the top of this week's range. Thursday generated the fourth Value … [Continue reading]
posted 9.14 a.m. et pre-open comment Thursday 20th September Wednesday's session generated another narrow Value Area within the narrow high-to-low range for this week so far. Unless the Buyers (absent for four days) respond early in today's … [Continue reading]
posted 9.09 a.m. et pre-open comment Wednesday 19th September Tuesday's session generated a lower, narrower Value Area on less Volume. Since Aggressive Buyers were marked last Thursday we have seen three days where Buyers have been absent and … [Continue reading]
posted 9.19 a.m. et pre-open comment Tuesday 18th September Note: we are now following the December contract. On Monday I marked Significant Selling again but although the Value Area was lower it was narrower and generated less volume so … [Continue reading]
posted 9.07 a.m. et pre-open comment Monday 17th September LT analysis remains positive. There is still concern re some of the Sentiment Indicators, particularly the Rydex Ratio and the VIX, but generally there was not a large increase in … [Continue reading]
posted 9.09 a.m. et pre-open comment Friday 14th September The low for Thursday's session came almost immediately after the Open and was exactly at the 1435 poc. Aggressive Buying was marked later in the day as the SP500 broke to new … [Continue reading]