Daily analysis - Stock Market, Bonds, Forex and more
posted 8.15 a.m. est Pre-open comment Monday 14th March The Chartprofit Market Timing System is now negative for all major Market Charts except SP500 which is neutral. Nasdaq%Stocks>50dyma has fallen to 41% - this indicates further … [Continue reading]
posted 8.20 a.m. est Pre-open comment Friday 11th March The last five days have shown no markable imbalances but the red-at-bottom low on the 1st March has now been broken. Overnight ES has printed as low as 1283, just above the major support … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 10th March Overnight ES has tested the 8dayVAL at 1306. Currently at 1308. Note how the last six sessions have all printed within the range of Tuesday 1st March, i.e. the red-at-top high of … [Continue reading]
posted 9.29 a.m. est Pre-open comment Wednesday 9th March Little to add to yesterday's comments (highlighted). ES coiling for next directional move? see daily chart below. Pre-open ES is back at 1318 which is now the 4month poc. The … [Continue reading]
webcast 8th March … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 8th March Monday: ES spent very little time after the Open above yesterday's 8dayVAH. Also quickly declined back below the 50day poc at 1318 which is not indicating strength ST. Time at 1315 … [Continue reading]
posted 9.29 a.m. est Pre-open comment Monday 7th March Longframe: Chartprofit Market Timing System stayed positive for all Major U.S. Market Charts except SP500 which turned neutral. %Stocks > 50dyma: stayed above the 50 level for all … [Continue reading]
Pre-open comment Friday 4th March The unusual lack of follow through from the Sellers (red-at-bottom low not tested) and ES printing all of Thursday's session above the 1318 poc puts the chart back in a strong position. This looks like Significant … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 3rd March ES has tested the High and Low of the 8day Value Area in the last two days and pre-open today is printing back at 1318, the 30day poc. The 8dayVAH today comes in at 1321.50 … [Continue reading]
posted 9.18 a.m. est Pre-open comment Wednesday 2nd March Tuesday: ES opened above the 8dayVAH at 1329.50 and immediately sold off. Responsive Selling was marked AND Aggressive Selling later in the day. Today's 8dayVAL comes in at 1297 which … [Continue reading]