Daily analysis - Stock Market, Bonds, Forex and more
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]
posted 08.52 a.m. est pre-open comment Tuesday 26th March Monday's Value Area was printed between the minor VAH and VAL, see yesterday's highlighted comments. ES opened above the minor VAH at 1551 and was immediately auctioned back to the … [Continue reading]
