Daily analysis - Stock Market, Bonds, Forex and more
posted 08.30 a.m. et pre-open comment Monday 27th August Weekly Structure: Friday's Close was within Mon-Wed Range so there is no bias on this timeframe. The Chartprofit Market Timing System remained positive for all three Major Market … [Continue reading]
posted 9.10 a.m. et pre-open comment Friday 24th August Thursday's session generated a lower Value Area on less Volume. Aggressive Selling was marked (red-at-bottom) on this timeframe (dayframe). On the longer timeframe all the Significant … [Continue reading]
posted 9.29 a.m. et pre-open comment Thursday 23rd August See previous comments. ES rallied as high 1418 overnight but has faded since. If further weakness is seen and Wednesday's low is broken then the Support at 1389.50 would come into … [Continue reading]
posted 8.59 a.m. et pre-open comment Wednesday 22nd August On Tuesday I marked Significant Selling for the first time this month. Sellers Responded around 1425 and later in the day more Aggressive Selling was marked. The Value Area was … [Continue reading]
posted 9.26 a.m. et pre-open comment Tuesday 21st August With Significant Sellers making no appearance across the recent range ES is seeking them higher. Currently the first indication of weakness would only occur if Significant Selling is … [Continue reading]
posted 8.59 a.m. et pre-open comment Monday 20th August Last week I marked Significant Buying three times and no Significant Selling. Friday's Close was above the high of Mon-Wed Range so this is Buyers Active on this timeframe. Currently the … [Continue reading]
posted 8.55 a.m. et pre-open comment Friday 17th August Buyers Responded (green-at-bottom) again on Thursday at the slightest opportunity which was a probe below Wednesday's Value Area. Later in the day I marked Aggressive Buying … [Continue reading]
posted 9.06 a.m. et pre-open comment Thursday 16th August Buyers Responded (green-at-bottom) just above yesterday's First Level S/R at 1398.50 which was the newly migrated 25dy poc. Significant Sellers have not been marked at all across this … [Continue reading]
posted 9.21 a.m. et pre-open comment Wednesday 15th August ES opened Tuesday's session above the LT VAH at 1404 (dotted) but no progress has been made above that level. The March high for ES September contract is 1413.50. Dayframe: The … [Continue reading]
posted 9.21 a.m. et pre-open comment Tuesday 14th August See previous highlighted comments on graphic. ES briefly tested the given Dayframe Support which was the 10dy poc at 1395. This was rejected and ES closed strongly. Pre-open today ES … [Continue reading]