Daily analysis - Stock Market, Bonds, Forex and more
posted 9.19 a.m. est pre-open comment Thursday 15th November Wednesday generated a wider, lower Value Area on increased Volume. The last five Value Areas have been printed below the 1397poc and yesterday I marked Aggressive Selling for the … [Continue reading]
posted 9.13 a.m. est pre-open comment Wednesday 14th November Tuesday generated a wider, overlapping/slightly higher Value Area. From the Open there was a rally which faded to the Close. Both Nyse and Nasdaq saw twice as many declining stocks … [Continue reading]
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]