Daily analysis - Stock Market, Bonds, Forex and more
posted 09.10 a.m. est pre-open comment Friday 19th April Thursday generated a lower/overlapping Value Area on less Volume. The high of the session was a test of the 5mn poc at 1548.50 which was immediately rejected. That usually has negative … [Continue reading]
posted 09.23 a.m. pre-open comment Wednesday 17th April On Wednesday, Monday's red-at-bottom low was tested as the stats strongly suggested it would be, see yesterday's comments. Bulls would hope that ES can hold above the 5month poc at … [Continue reading]
posted 09.15 a.m. est pre-open comment Wednesday 17th April The positive from yesteday's session is that Support held: ES 1548.50, SPY 155.80 and IWM 90.44. The ST negatives are still there: Monday's red-at-bottom low was not tested and 80% of … [Continue reading]
posted 09.08 a.m. est pre-open comment Tuesday 16th April Not a good day. Weakness from the Open with First Level Resistance not tested at all during the session. Aggressive Selling (red-at-bottom) was marked and the Value Area was lower and … [Continue reading]
Chartprofit eBook 12th April Latest ChartProfit eBook is available to view at: https://chartprofit.com/ebook/130412_Charts.zip The DNL Reader is required to view the eBook. If you do not have this program please download it … [Continue reading]
posted 09.20 a.m. est pre-open comment Monday 15th April Last week I marked Significant Buying twice (Monday and Tuesday) and no Significant Selling. The last three days held higher prices which is encouraging but here are some negatives. The … [Continue reading]
Chartprofit webcast 12th April … [Continue reading]
posted 09.02 a.m. est pre-open comment Friday 12th April Value Areas have been higher each day this week and no Significant selling has been marked. Both ST and LT analysis are positive. Dayframe: 5day poc is at 1582.50. This is a very minor … [Continue reading]
posted 09.22 a.m. est pre-open comment Thursday 11th April Following Aggressive Buying on Monday and Tuesday ES pushed higher to a new high. Notice that the dotted poc from the previous day was immediate Support. You can see that the … [Continue reading]
posted 09.25 a.m. est pre-open comment Wednesday 10th April Aggressive Buying (green-at-top) was marked again on Tuesday. The session generated a higher, wider Value Area, entirely above the 5mn poc at 1548.50 so this is Effective … [Continue reading]