Daily analysis - Stock Market, Bonds, Forex and more
posted 9.08 a.m. est pre-open comment Tuesday 13th November Monday generated a narrow Value Area within Friday's Value Area and low Volume. No immediate follow through to last week's weakness but positives are hard to find at the moment. … [Continue reading]
posted 07.22 a.m. est pre-open comment Monday 12th November Breadth is not supportive. The ChartProfit Market Timing Charts stayed negative for Nyse and Nasdaq and turned negative for UK. %Stocks>50dyma numbers: Nyse 31; Nasdaq 27; UK 52. … [Continue reading]
posted 9.13 a.m. est pre-open comment Friday 9th November In yesterday's pre-open 1397 was marked as potential Support or Resistance. Unfortunately it turned out to be Resistance, see chart. Thursday's session generated a lower, wider Value … [Continue reading]
posted 9.00 a.m. est pre-open comment Thursday 8th November Following the rejection of Wednesday's overnight probe of the 1431.25 Resistance (1/2R off the Sep high) ES was sharply lower during the day session. Wednesday's poc was 1397 (also … [Continue reading]
posted 9.13 a.m. est pre-open comment Wednesday 7th November Tuesday's session generated a higher, wider Value Area on increased Volume but still no Significant Buying to mark. ES overnight high was 1431.75 which again was a test of the 1/2R … [Continue reading]
posted at 7.45 a.m. est pre-open comment Tuesday 6th November Monday's session generated a lower, narrower Value Area on less Volume. No Significant Buying has been marked for thirteen days now. Sellers are still in control of the dayframe. … [Continue reading]
posted 9.18 a.m. est pre-open comment Monday 5th November On Friday Responsive Sellers (red-at-top) appeared as ES probed 1431.25 (1/2R off Sep high) early in the session. Aggressive Selling (red-at-bottom) was also marked later in the day. … [Continue reading]
posted 9.23 a.m. et pre-open comment Friday 2nd November Thursday's session gapped higher and generated a narrower Value Area on less Volume. Pre-open today ES has probed up into the 1/2R Resistance at 1431.25. Nyse %Stocks>50dyma number … [Continue reading]
posted 9.17 a.m. et pre-open comment Thursday 1st November Wednesday's session generated yet another overlapping Value Area above the maj poc Support at 1397. In the longer timeframe this chart has not broken down. That would happen if … [Continue reading]
posted 09.08 a.m. et pre-open comment Wednesday 31st October Dayframe: Last week I marked Significant Selling twice and no Significant Buying. Sellers are in control of the dayframe. While the US markets have been closed this week Europe has … [Continue reading]