Daily analysis - Stock Market, Bonds, Forex and more
posted 9.27 a.m. edt Pre-open comment Wednesday 7th September ES found Intraday Support at 1153, the 1/2R off Aug low (dotted). That was the first minor sign of strength and 1153 is now 1st Level Support. The 35dy poc migrated down to 1142 … [Continue reading]
posted 9.27 a.m. edt Pre-open comment Tuesday 6th September Last week I marked four instances of Significant Selling and one of Significant Buying = Acive Sellers on this timeframe. Friday closed below Mon-Wed range low so Weekly Structure is … [Continue reading]
posted 9.29 a.m. edt Pre-open comment Thursday 1st August I marked Responsive Selling (red-at-top) on Thursday and more Aggressive selling (red-at-bottom) later in the session. Analysis on both timeframes is lining up once again so I am very … [Continue reading]
posted 9.28 a.m. edt Pre-open comment Thursday 1st September I marked Responsive Sellers early in Wednesday's session but it was minimal and Ineffective (Value Area was higher). Effective Selling below 1203.5 would be first sign of weakness … [Continue reading]
webcast 31st August … [Continue reading]
posted 9.28 a.m. edt Pre-open comment Wednesday 31st August Monday's green-at-top high was exceeded on Tuesday and the sesion generated a higher, slightly wider Value Area. The low of the session was a brief test below Monday's poc which is a … [Continue reading]
posted 9.29 a.m. edt Pre-open comment Tuesday 30th August On Monday there was further Aggressive Buying marked (green-at-top). ES probed above the 20day VAH which has now moved slightly higher and is now at 1198 (dotted). Green-at-top highs … [Continue reading]
eBook 29th August The DNL Reader is required to view the eBook. If you do not have this program please download it here: www.digitalwebbooks.com/reader/ … [Continue reading]
posted 7a.m. edt Pre-open comment Monday 29th August Chartprofit MarketTiming System remains negative for all major Market Charts but the %Stocks>50dyma indicator for both Nyse and Nasdaq is still extremely low deep in oversold … [Continue reading]
http://www.cnbc.com/id/44285944 Stocks gained in choppy session Friday after Bernanke said the Fed remains ready to use additional tools to help the economic recovery, but stopped short of explicit talk of another round of monetary easing. from … [Continue reading]