Daily analysis - Stock Market, Bonds, Forex and more
posted 09.12 a.m. et pre-open comment Friday 26th October Thursday's session generated another overlapping Value Area and, like Wednesday, Responsive Selling (red-at-top) was marked early in the session. The VAL at 1403 (dashed) has been probed … [Continue reading]
posted 05.20 a.m. et pre-open comment Thursday 25th October Note: this was written at 05.25 a.m. et Wednesday's session generated an overlapping VA on less Volume. The VAL of the range from early August at 1403 (dashed) has been briefly … [Continue reading]
posted 9.15 a.m. et pre-open comment Wednesday 24th October Tuesday's session generated a lower VA on increased Volume and, like Monday, the whole of yesterday's session took place below the 1435 poc which is weak price location. Looking at a … [Continue reading]
pre-open comment Tuesday 23rd October Note: this was written at 8a.m. et Monday's session generated a lower/overlapping VA on less Volume and broke below Friday's red-at-bottom low. ES rallied to the close but the whole of yesterday's session … [Continue reading]
posted 9.07 a.m. et pre-open comment Monday 22nd October The Chartprofit Market Timing Chart is positive for Nyse; negative for Nasdaq and positive for UK. %Stocks>50dyma numbers: Nyse 56, Nasdaq 36, UK 72. Bulls would want to see all … [Continue reading]
posted 9.21 a.m. et pre-open comment Friday 19th October Thursday's session generated a slightly lower/overlapping Value Area centred around 1452 which was the level I mentioned on 9th Oct that could attract time (highlighted below). The poc … [Continue reading]
posted 9.13 a.m. et pre-open comment Thursday 18th October Wednesday's session generated another higher, albeit narrower, Value Area on lower Volume. Most time was spent in the mid-1450s and imo this is the price area that may attract further … [Continue reading]
posted 9.18 a.m. et pre-open comment Wednesday 17th October Following Monday's rejection of the VAL (dashed) and subsequent Aggressive Buying, ES gapped higher in Tuesday's session to generate a Value Area entirely above the 1435 poc and almost … [Continue reading]
posted 9.20 a.m. et pre-open comment Tuesday 16th October On Monday I marked Significant Buying. On the dayframe this was Aggressive Buying (green-at-top) and on the longer timeframe it is Responsive i.e. Buyers auctioned ES back from below … [Continue reading]
posted 8.27 a.m. et pre-open comment Monday 15th October Last week I marked Significant Selling once and no Significant Buying (no Buying marked for eleven days). The 5month poc moved higher to 1435 (see Friday's comments). I'm being cautious … [Continue reading]