Daily analysis - Stock Market, Bonds, Forex and more
posted 4.54 a.m. et pre-open comment Wednesday 13th June Please note this was written before 5 a.m. Also note I will continue using the June contract until end of this week. On Tuesday, Monday's low was tested but Support was found in the … [Continue reading]
posted 9.25a.m. et pre-open comment Tuesday 12th June Once again, like last Thursday, a probe higher brought a Response from the Significant Sellers (red-at-top) and ES was auctioned back to the maj poc at 1307, by Aggressive Selling later in … [Continue reading]
posted 9.09 a.m. et pre-open comment Monday 11th June Last week I marked Significant Buying three times and Significant Selling once. On Friday the session low was on the obvious Support at 1307 (major poc) and a second Value Area was printed … [Continue reading]
posted 9.12 a.m. et pre-open comment Friday 8th June On Thursday Significant Sellers were marked Responding immediately after the Open (red-at-top). This was a session where Sellers were Active but a higher Value Area was generated for the … [Continue reading]
posted 9.09 a.m. et pre-open comment Thursday 7th June Wednesday generated a higher, wider Value Area on increased Volume and I marked Aggressive Buying (green-at-top) for the second time this week. ES also rallied above the maj poc at 1307 … [Continue reading]
posted 9.09 a.m. et pre-open comment Wednesday 6th June please note: the timeframe considered within these comments is never intended to be very short term or daytrading timeframe. Monday generated at lower, narrower Value Area on less … [Continue reading]
posted 4.25 a.m. et pre-open comment Monday 4th June Chartprofit Market Timing System remained negative for all major Market Charts. ES closed below the Mon-Wed Hi-Lo Range which is Sellers Active on this timeframe. Previous week (w/e 25th … [Continue reading]
posted 9.28 a.m. et pre-open comment Friday 1st June Shortly before the day session Close there was a price probe above First Level Resistance at 1314.50 which was swiftly rejected. By the end of the session ES was printing back below the maj … [Continue reading]
posted 9.17 a.m. et pre-open comment Wednesday 30th May Significant Sellers were marked on Wednesday, Aggressively auctioning ES down to the major poc Support at 1307 but not below it. The 30dypoc migrated lower to 1314.50 which is now First … [Continue reading]
posted 9.25 a.m. et pre-open comment Wednesday 30th May In the ST, direction is not easy to judge. ES has printed three consecutive Value Areas above the major poc at 1307 which is encouraging but Significant Buyers have not been marked for … [Continue reading]