Daily analysis - Stock Market, Bonds, Forex and more
posted 08.38 a.m. et pre-open comment Friday 31st August On Thursday ES printed a lower Value Area and enough time was spent at 1398.50 (see chart) to shift the 40dy poc back to this level (from 1408.50). This often happens when two close … [Continue reading]
posted 9.05 a.m. et pre-open comment Thursday 30th August Three days of consolidation with no Significant Buying or Selling marked but enough time has now been spent at 1408.50 to lift the 40dy poc to that level (see yesterday's highlighted … [Continue reading]
posted 9.06 a.m. et pre-open comment Wednesday 29th August Tuesday generated a narrow overlapping Value Area with no Significant Buying/Selling. Therefore there is little to add to previous comment (highlighted). 1408.50 is the level … [Continue reading]
posted 9.02 a.m. et pre-open comment Tuesday 28th August ES exceeded Monday's green-at-top high during Tuesday's session but there was little follow-through and weakness to the Close. Value Area was overlapping/higher, but narrower on less … [Continue reading]
posted 08.30 a.m. et pre-open comment Monday 27th August Weekly Structure: Friday's Close was within Mon-Wed Range so there is no bias on this timeframe. The Chartprofit Market Timing System remained positive for all three Major Market … [Continue reading]
posted 9.10 a.m. et pre-open comment Friday 24th August Thursday's session generated a lower Value Area on less Volume. Aggressive Selling was marked (red-at-bottom) on this timeframe (dayframe). On the longer timeframe all the Significant … [Continue reading]
posted 9.29 a.m. et pre-open comment Thursday 23rd August See previous comments. ES rallied as high 1418 overnight but has faded since. If further weakness is seen and Wednesday's low is broken then the Support at 1389.50 would come into … [Continue reading]
posted 8.59 a.m. et pre-open comment Wednesday 22nd August On Tuesday I marked Significant Selling for the first time this month. Sellers Responded around 1425 and later in the day more Aggressive Selling was marked. The Value Area was … [Continue reading]
posted 9.26 a.m. et pre-open comment Tuesday 21st August With Significant Sellers making no appearance across the recent range ES is seeking them higher. Currently the first indication of weakness would only occur if Significant Selling is … [Continue reading]
posted 8.59 a.m. et pre-open comment Monday 20th August Last week I marked Significant Buying three times and no Significant Selling. Friday's Close was above the high of Mon-Wed Range so this is Buyers Active on this timeframe. Currently the … [Continue reading]