Daily analysis - Stock Market, Bonds, Forex and more
posted 09.10 a.m. est pre-open comment Friday 31st May Thursday's session generated a higher, narrower Value Area on less Volume. No follow through from the Buyers and overnight ES has seen weakness, currently printing below yesterday's … [Continue reading]
posted 09.16 a.m. est pre-open comment Thursday 30th May Strictly applying my rules I had to mark Resposnsive Buying on Wednesday which means new short trades are eliminated for me at least until new Significant Selling is marked. The Value … [Continue reading]
posted 09.20 a.m. est pre-open comment Wednesday 29th May Tuesday's session produced a higher, wider Value Area. 1653 was the minor poc and this provided Support during yesterday's session but time spent there has lifted the 25day poc to this … [Continue reading]
Chartprofit eBook: https://chartprofit.com/ebook/130524_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 Tuesday 28th May SPY closed on Friday within Mon-Wed Hi-Lo range which does not indicate a bias on the weekly timeframe. Active Sellers have not been marked on this timeframe during 2013. Friday … [Continue reading]
Chartprofit Webcast 24th May … [Continue reading]
posted 08.45 a.m. est pre-open comment Friday 24th May Thursday generated a lower, narrower Value Area. Sentiment indicators are suggesting over optimism (more in webcast today) but so far, at least, First Level Support at 1626 has held. … [Continue reading]
posted 07.38 a.m. est pre-open comment Thursday 23rd May On Wednesday, for the first time in fifteen days, I marked Significant Selling. This means that new long trades are now eliminated for me at least until Significant Buying is marked … [Continue reading]
Chartprofit Webcast 23rd May … [Continue reading]
Usually Dollar Index strength = SP500 weakness Currently they are both heading higher. Either the inverse relationship is breaking down or one of them will soon … [Continue reading]