Daily analysis - Stock Market, Bonds, Forex and more
posted 9.27 a.m. et Pre-open comment Tuesday 24th January Sellers Responded (red-at-top) to a probe above the poc Resistance around 1315. Ineffective Selling because the Value Area was overlapping/higher. Even so, new long trades are … [Continue reading]
posted 9.23 a.m. et Pre-open comment Monday 23rd January Last week ES closed at almost the high of the week. There's been only one instance of Significant Selling in 21 days. Chartprofit Market Timing System is positive for all Major Market … [Continue reading]
posted 9.29 a.m. et Pre-open comment Friday 20th January On Thursday ES printed a higher, albeit narrower Value Area on less volume. SPY RSI(14) reached its highest reading since the May 2011 top but only one (ineffective) appearance by the … [Continue reading]
posted 9.29 a.m. et Pre-open comment Thursday 19th January Exact low of Wednesday's session was 1286.50, the minor poc support mentioned pre-open yesterday and Friday. Buyers Responded immediately (green-at-bottom) and Aggressive Buying was … [Continue reading]
posted 9.23 a.m. et Pre-open comment Wednesday 18th January Longframe: Significant Sellers were marked for the first time in eighteen days Responding (red-at-top) to a price probe above last week's high. The Value Area was higher so this is … [Continue reading]
posted 9.22 a.m. et Pre-open comment Tuesday 17th January On Monday 9th Jan. the minor poc migrated higher to 1271.50 and became First Level Support. Since that point all price action has held above that level which is constructive. Buyers … [Continue reading]
posted 9.29 a.m. et Pre-open comment Friday 13th January In light of the Sentiment measures pushing quickly higher recently the market may want to set back here. Pre-open ES has printed as low as 1279.75. ES printing below 1271.50 would … [Continue reading]
posted 06.05 a.m. et Pre-open comment Thursday 12th January Very little to add to yesterday's comments, highlighted on graphic. Significant Sellers have not been marked for thirteen days. Pre-open ES has printed its highest level since … [Continue reading]
posted 9.29 a.m. et Pre-open comment Wedesday 11th January On Monday ES gapped higher and consolidated during the day session. Pre-open today ES has printed as low as 1279.25. As long as ES holds above 1271.50 it is in a strong price … [Continue reading]
posted 9.28 a.m. et Pre-open comment Tuesday 10th January On Monday the minor (20day) poc migrated higher to 1271.50. This is now First level Support. I have not marked Significant Selling for eleven days. ES gapped higher today and pre-open … [Continue reading]