Daily analysis - Stock Market, Bonds, Forex and more
posted 9.19 a.m. et pre-open comment Tuesday 18th September Note: we are now following the December contract. On Monday I marked Significant Selling again but although the Value Area was lower it was narrower and generated less volume so … [Continue reading]
posted 9.07 a.m. et pre-open comment Monday 17th September LT analysis remains positive. There is still concern re some of the Sentiment Indicators, particularly the Rydex Ratio and the VIX, but generally there was not a large increase in … [Continue reading]
posted 9.09 a.m. et pre-open comment Friday 14th September The low for Thursday's session came almost immediately after the Open and was exactly at the 1435 poc. Aggressive Buying was marked later in the day as the SP500 broke to new … [Continue reading]
posted 9.10 a.m. et pre-open comment Wednesday 12th September Wednesday's session printed an overlapping/higher Value Area with Significant Buying being marked late in the day. Overnight ES has found Support at the 1435 minor poc. New … [Continue reading]
posted 7.55 a.m. et pre-open comment Wednesday 12th September Tuesday's session held the higher range we have since over the last few days. I marked Significant Selling on Monday but there has been no follow-on downside, in fact Pre-open today … [Continue reading]
posted 08.47 a.m. et pre-open comment Tuesday 11th September On Monday Significant Sellers were marked but the Value Area generated was overlapping Friday's VA so this was not Effective Selling. Price above 1438 (yesterday's session high) … [Continue reading]
posted 07.50 a.m. et pre-open comment Monday 10th September The Chartprofit Market Timing System is now positive for all Major market Charts. The %Stocks>50dyma numbers are all well above 50 which is supportive. Last week I marked … [Continue reading]
posted 9.13 a.m. et pre-open comment Friday 7th September See yesterday's highlighted comments. ES broke out of its range to the upside with Significant Buying marked. ES held above the 25day poc Support across the recent range and therefore … [Continue reading]
posted 9.27 a.m. et pre-open comment Thursday 6th September Wednesday generated yet another daily Value Area within the price area bounded by the dotted VAH and VAL of the longer timeframe. We should look for a breakout of this range to occur … [Continue reading]
posted 5a.m. et pre-open comment Wednesday 5th September Note: this was posted at 5a.m. Tuesday's session high was 1408.25 - just below yesterday's First Level resistance at 1408.50 (see chart). This was the sixth day where no Significant … [Continue reading]