Daily analysis - Stock Market, Bonds, Forex and more
posted 9.16 a.m. est Pre-open comment Wedesday 22nd June Following the Responsive Buying on Monday ES made progress on Tuesday - Value Area was higher and slightly wider. LT analysis still negative but ES hit a 10day high yesterday. Market … [Continue reading]
posted 9.24 a.m. est Pre-open comment Tuesday 21st June I marked Responsive Buying on Monday (green-at-bottom). ES opened just below Monday's First Level S/R at 1265.50 and immediately auctioned above it. Value Area was overlapping/higher and … [Continue reading]
posted 9.28 a.m. est Pre-open comment Monday 20th June Last week I marked one instance of Significant Selling and no Significant Buying. The ChartProfit Market Timing System remained negative for all Major Market Charts. Weekly Structure … [Continue reading]
posted 9.27 a.m. est Pre-open comment Friday 17th June Wednesday's red-at-bottom was tested in the pm on Thursday but ES bounced quickly back. Long Trades eliminated for me. First sign of ST strength comes if ES can print some time back above … [Continue reading]
posted 6.40 a.m. est Pre-open comment Thursday 16th June Wednesday's First Level Support at 1268 held for the first two hours post open but once broken ES quickly auctioned lower. Aggressive Selling was marked (red-at-bottom). Currently the … [Continue reading]
posted 9.28 a.m. est Pre-open comment Wednesday 15th June Note: now following the September contract. ES spent most time on Tuesday printing at the 1282.50 minor poc. September contract needs to print time above this level to confirm ST … [Continue reading]
webcast 14th June … [Continue reading]
posted 9.28 a.m. Pre-open comment Tuesday 14th June Note: will be switching to the September contract tomorrow. In the p.m. on Monday, a test below last week's low was quickly rejected and ES is now printing above the 14dy poc at 1282.50. … [Continue reading]
posted 9.25 a.m. est Pre-open comment Monday 13th June On Friday ES developed down to an average weekly Hi-Lo range of 32, see Thursday's pre-open comments (highlighted). Last week I marked three instances of Significant Selling and one … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 9th June I marked Significant Buying activity on Thursday for the first in nine days. Buyers Responded (green-at-bottom) just below yesterday's First Level S/R and the first higher VA in seven … [Continue reading]