Daily analysis - Stock Market, Bonds, Forex and more
posted 9.08 a.m. pre-open comment Wednesday 11th April Tuesday generated a lower, wider Value Area on increased volume. Aggressive Sellers were marked below the 1366 poc which means we need to be extremely cautious of this market. As an … [Continue reading]
posted 9.04 a.m. et pre-open comment Tuesday 10th April Monday generated a Value Area entirely below the 1395 poc. Although Significant Sellers have yet to be marked below that level this activity is an indication of weakness. I am not … [Continue reading]
posted 9.10 a.m. et pre-open comment Thursday 5th April Overnight ES has printed as low as 1384 which is a test of the 20dy VAL at 1386. VAL is the Value Area Low and 20days covers the current range that ES is in. If Buyers are still active … [Continue reading]
posted 9.08 a.m. et pre-open comment Tuesday 3rd April Overnight ES has sold off with the European markets and pre-open has tested down to the First Level Support at 1395. If this Support does not hold it will likely suggest further weakness … [Continue reading]
S&P 500 Top April 2012? _ Backed up to youtube youtube video 3rd April 2012 … [Continue reading]
posted 856 a.m. et pre-open comment Tuesday 3rd April On Monday Buyers Responded (green-at-bottom) to an early test of the 10dy poc at 1403, see yesterday's comments (highlighted). A higher, wider, Value Area was generated which is usually a … [Continue reading]
posted 9.12 a.m. et pre-open comment Monday 2nd April Longframe: Chartprofit Market Timing System remained positive for all Major Market Charts. SP500 Weekly Structure showed no bias. Still no convincing appearance from the Significant … [Continue reading]
posted 9.02 a.m. et pre-open comment Friday 30th March On Thursday ES built a Value Area entirely below 1395, the 25dy poc. However I did not mark Significant Sellers and ES Closed near the high of the session, back above 1395. I repeat … [Continue reading]
posted 9.12 a.m. et pre-open comment Thursday 29th March ES closed the gap-up we saw on Monday and by the session Close had recovered back above 1395, the 25dy poc. However, pre-open today ES prints very close to that level. I have yet to … [Continue reading]
posted 9.20 a.m. 20th March pre-open comment Wednesday 28th March ES built a higher but narrower Value Area on reduced Volume which is not usually a constructive kind of Profile. The main concern right now is the Rydex Ratio (see below). … [Continue reading]