Daily analysis - Stock Market, Bonds, Forex and more
Nadsaq Emini. This chart is clearer to me currently than ES. NQ auctioned up in early March to begin a distribution at a higher range. The poc of this range is 2794 and the VAL is 2783.50 which was tested on Wednesday. Sellers marked below … [Continue reading]
posted 08.50 a.m. est pre-open comment Thursday 4th April On Wednesday Aggressive Selling (red-at-bottom) was marked. The Value Area was lower and wider so this was Effective Selling on the dayframe. I can no longer assume Buyers are still in … [Continue reading]
posted 09.22 a.m. est pre-open comment Wednesday 3rd April ES printed higher than 1564 on Tuesday, negating Monday's Selling imbalance. A higher, narrower Value Area was generated on increased Volume. Until Sellers make an "Effective" … [Continue reading]
posted 09.25 a.m. est pre-open comment Tuesday 2nd April Sellers Responded to a higher Open on Monday (red-at-top). In the longer timeframe this is also Responsive Selling as the Value Area was printed entirely above the 30dy poc at 1550. If … [Continue reading]
Chartprofit eBook 29th March Latest ChartProfit eBook is available to view at: https://chartprofit.com/ebook/130329_Charts.zip The DNL Reader is required to view the eBook. If you do not have this program please download it … [Continue reading]
posted 08.58 a.m. est pre-open comment Monday 1st April Last week I marked Significant Buying twice and no Significant Selling. The week (shortened) closed above Mon-Wed Hi-Lo Range which indicates Buyers Active on the weekly timframe. I have … [Continue reading]
Chartprofit Webcast 28th March … [Continue reading]
posted 09.00 a.m. est pre-open comment Thursday 28th March ES opened below (what was) the minor poc at 1547 and Buyers Responded (green-at-bottom). During yesterday's session the minor (28day) poc migrated slightly higher to 1550 so this now … [Continue reading]
posted 08.55 a.m. est pre-open comment Wednesday 27th March See yesterday's highlighted comments. Strictly applying my rules I had to mark Aggressive Buying on Tuesday but the Value Area (although higher) was narrower so this was not Effective … [Continue reading]
