Daily analysis - Stock Market, Bonds, Forex and more
posted 9.17 a.m. est pre-open comment Friday 4th January Thursday's session generated a higher Value Area and Wednesday's green-at-top high was exceeded. Buyers have been active this week and have successfully auctioned price higher. A SPY … [Continue reading]
posted 9.19 a.m. est pre-open comment Thursday 3rd January Strictly applying my rules I had to mark Aggressive Buying again on Wednesday. A high percentage of the time these green-at-top highs are tested the following day but the stats on … [Continue reading]
posted 8.13 a.m. est pre-open comment Wednesday 2nd January Written at 8am est. On Monday Buyers Responded below the maj poc and later in the day Aggressive Buying was also marked. Like the Selling on Friday this was not "Effective" as the … [Continue reading]
Today's ChartProfit eBook is available to view at: https://chartprofit.com/ebook/121228_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 … [Continue reading]
posted 07.42 a.m. est pre-open comment Monday 31st December On Friday I marked Responsive (red-at-top) and Aggressive (red-at-bottom) Selling. This was not Effective Selling as the session generated an "inside Value Area". Never-the-less the … [Continue reading]
Chartprofit Webcast 28th December Today's ChartProfit Webcast is available to view at: http://tinyurl.com/bvd46hh … [Continue reading]
posted 8.53 a.m. est pre-open comment Friday 28th December On Thursday ES tested the 1/2R Support (basis March contract) at 1397. There was a sharp rally late in the day to test 1413 (3mn poc) but pre-open today ES prints below the maj poc at … [Continue reading]
posted 9.00 a.m. est pre-open comment Thursday 27th December ES tested the 6mnth VAH at 1442 last week and is off that level but currently holding above the 1406 (maj poc) Support. The most recent imbalance was the Significant Selling marked … [Continue reading]
posted 8.38 a.m. est pre-open comment Monday 24th December Friday's session (like Thursday's) generated a lower, wider Value Area. No Significant Buying or Selling was marked. Friday Closed within Mon-Wed Hi-Lo Range which indicates no bias on … [Continue reading]
posted 9.27 a.m. est pre-open comment Friday 21st December Thursday's day session generated a lower, wider Value Area. No Significant Buying or Selling was marked but this is currently a news driven market and overnight ES spiked violently … [Continue reading]