Daily analysis - Stock Market, Bonds, Forex and more
posted 9.00 a.m. est pre-open comment Thursday 20th December Wednesday's session generated an inside Value Area on less Volume. Significant Sellers were marked but this was Ineffective Selling (VA was overlapping) and it followed a day of … [Continue reading]
posted 9.15 a.m. est pre-open comment Wednesday 19th December Note: As of Monday on the chart we are now following the March contract. Tuesday's session generated a higher, wider Value Area on increased Volume. Aggressive Buying was marked … [Continue reading]
posted 8.58 a.m. est pre-open comment Tuesday 18th December Since the maj poc migrated to 1406 we have seen eight consecutive Value Areas printed above that level and yesterday I marked Significant Buying above that level which is a further … [Continue reading]
posted 07.12 a.m. est pre-open comment Monday 17th December Last week I marked Significant Selling twice and no Significant Buying. So Sellers were active but in the longer timeframe their activity can be called Responsive as it took place … [Continue reading]
posted 08.55 a.m. est pre-open comment Friday 14th December On Thursday I marked Aggressive Selling for the second day running. As you know these red-at-bottom lows have a high chance of being tested during the following session. Thursday's … [Continue reading]
posted 9.18 a.m. est pre-open comment Thursday 13th December Strictly applying my rules I had to mark Aggressive Selling (red-at-bottom) on Wednesday. This was not Effective Selling as the Value Area was overlapping/higher and wider than … [Continue reading]
posted 9.15 a.m. est pre-open comment Wednesday 12th December On Tuesday ES Opened above the 12mn VAH and Sellers did not Respond as they did on 12/03 (see yesterday's comments). There is no obvious Resistance level but the 6mn VAH comes in at … [Continue reading]
posted 9.25 a.m. est pre-open comment Tuesday 11th December We now have three consecutive Value Areas printed above 1406 since the major poc migrated to that level. Significant Buying marked above that level would be a further positive. … [Continue reading]
posted 9.16 a.m. est pre-open comment Monday 10th December Last week I marked Significant Selling twice and Significant Buying once. Sellers Responded early in the week to a probe above the 12 month VAH at 1416 and then subsequently Buyers … [Continue reading]
posted 9.20 a.m. est pre-open comment Friday 7th December Thursday generated an inside Value Area on low Volume. High of the session came in at our First Level Resistance. On a 30minute basis the major poc (and 50dy poc) migrated to 1406 and … [Continue reading]