Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Tuesday 5th April Both Friday and Monday found support at the 15day poc at 1324. This remains First Level Support today. Most recent imbalance is the Aggressive Buying five days ago so Short Trades are … [Continue reading]
posted 9.15 a.m. est Pre-open comment Monday 4th April Friday's session found support at the First Level Support given pre-open which is a positive in the ST. Longframe: ChartProfit Market Timing System is now neutral for all US Market … [Continue reading]
webcast 1st April … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 1st April Wednesday's session held above the 1318 poc printing enough time at 1324 to lift the 15day poc to this level. As the minor poc migrated higher the 8dayVAH also migrated higher to 1327 and … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 31st March Tuesday's session gapped higher above the 1318 poc Resistance which is now Support. This puts ES in a strong price location if it holds. ES prints above 1315 which is the VAH measured … [Continue reading]
posted 9.29 a.m. est Pre-open comment Wednesday 30th March Monday's (red-at-bottom) low was tested early in Tuesday's session. This was quickly rejected and after printing time around 1310.50 (as Friday and Monday did) ES auctioned higher to … [Continue reading]
webcast 29th March … [Continue reading]
posted 9.29 a.m. est Significant Selling (red-at-bottom) was marked on Monday following an early probe to a 12day high. This was Ineffective Selling because Monday's Value Area was overlapping Friday's. Even so, Stats tell me that any … [Continue reading]
posted 9.29 a.m. est Pre-open comment Monday 28th March Longframe: The Chartprofit Market Timing System turned neutral (from negative) for Nyse, SP500 and R2000 Market Charts. Nasdaq stayed negative. Daily Breadth Indicators have improved. … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 25th March ES found support at the 20day poc at 1293.50 (see yesterday's comments) and major index ETFs now print above the Resistance levels given in the eBook so price location is much … [Continue reading]