Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Tuesday 8th February Dayframe: ES gapped higher on Monday and now prints above the 8dayVAH which comes in today at 1308.5 also hourly oscillators are indicating a loss of momentum on the intraday chart. … [Continue reading]
posted 9.20 a.m. est Pre-open comment Monday 7th February from Friday pre-open "The minor poc has yet to migrate higher but a little more time at 1302/03 would do it". During Friday's session, more time was spent at 1302/03 which lifted the … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 4th February ES tested down into First Level Support on Thursday and quickly came back (see highlighted comments from yesterday). I marked Responsive and Aggressive Buying. Thursday price action … [Continue reading]
posted 9.29 a.m. est Wednesday was a tight range day on low volume (notice the distribution was backing and filling Tuesday's). These inside, quiet days have a tendency to preceed directional days. On intraday charts you will find these kind of … [Continue reading]
posted 9.29 a.m. est Pre-open comment Wednesday 2nd February On Tuesday I marked Significant Buying. This was on a gap day higher which gives me less reliable stats but it would be highly unusual to see a green-at-top day marking a high of any … [Continue reading]
webcast 1st February … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 1st February Although the stats are not as strong for a Friday (I have mentioned this before ) red-at-bottom lows are usually tested on the following day. Friday's low was tested overnight Sunday … [Continue reading]
posted 9.29 a.m. est Pre-open comment Monday 31st January Friday: Sellers Responded on Friday as the SP500 index opened above 1300 for the first time since Sept 2008. Very little time was spent above ES First Level Support at 1293 and Second … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 28th January Dayframe: I said pre-open on Thursday that we "may well see more consolidation as ES is up into the 8dayVAH which has slowed price recently". ES did in fact consolidate further, … [Continue reading]
posted 18.50 est 01/26. Unable to produce pre-open comment for Thursday so posting this not long after Wednesday's close. ES reached a new high on Wednesday and the Value Area, although narrow, gapped higher and held above the level that … [Continue reading]