Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. et Pre-open comment Friday 13th January In light of the Sentiment measures pushing quickly higher recently the market may want to set back here. Pre-open ES has printed as low as 1279.75. ES printing below 1271.50 would … [Continue reading]
posted 06.05 a.m. et Pre-open comment Thursday 12th January Very little to add to yesterday's comments, highlighted on graphic. Significant Sellers have not been marked for thirteen days. Pre-open ES has printed its highest level since … [Continue reading]
posted 9.29 a.m. et Pre-open comment Wedesday 11th January On Monday ES gapped higher and consolidated during the day session. Pre-open today ES has printed as low as 1279.25. As long as ES holds above 1271.50 it is in a strong price … [Continue reading]
posted 9.28 a.m. et Pre-open comment Tuesday 10th January On Monday the minor (20day) poc migrated higher to 1271.50. This is now First level Support. I have not marked Significant Selling for eleven days. ES gapped higher today and pre-open … [Continue reading]
posted 9.22 a.m. et Pre-open comment Monday 9th January Last week I marked Significant Buying twice. I have not marked Significant Selling for twelve days. All of last week's price action held above the 1256 poc Support. Friday closed within … [Continue reading]
posted 9.29 a.m. et Pre-open comment Friday 6th January Aggressive Buying (green-at-top) was marked on Thursday. All this week's price action has held above the 1256 poc Support and Significant Selling has not been marked for eleven days. … [Continue reading]
posted 9.29 a.m. et Pre-open comment Thursday 5th January Tuesday's probe above the 4month VAH at 1265 may be a test-failure. On Wednesday Responsive Buying was marked (green-at-bottom) but the Value Area was overlapping/lower so this is … [Continue reading]
posted 9.29 a.m. et Pre-open comment Wednesday 4th January Tuesday's session represented a probe above the 4month VAH at 1265. Pre-open ES prints almost back down at that level. This may be a failed test. I would look for Significant Selling … [Continue reading]
posted 9.15 a.m. et Pre-open comment Tuesday 3rd January Last week I marked Significant Buying once and no Significant Selling. Friday closed within the Mon-Wed Range which shows no directional bias on this timeframe - previous week indicated … [Continue reading]
posted 9.28 a.m. et Pre-open comment Friday 30th December On Thursday I marked Aggressive Buying for the third time in four days and yet the chart has not managed to break above the VAH. You can see from the chart that the 1244 Support and the … [Continue reading]