Daily analysis - Stock Market, Bonds, Forex and more
posted 9.26 a.m. est Pre-open comment Thursday 13th January Wednesday's session gapped opened higher and consolidated the gain with a higher Value Area. Although the reliability of my stats are distorted by gaps Aggressive Buying was marked … [Continue reading]
posted 9.22 a.m. est Pre-open comment Wednesday 12th January On Tuesday there was a brief (less than 15minutes) probe below First Level Support (1267.50) down to Monday's poc. Following intraday support at that level (see chart) which implied … [Continue reading]
webcast 11th January … [Continue reading]
posted 9.23 a.m. est Pre-open comment Tuesday 11th January Monday's session high came in at 1268, just below the First Level Resistance at 1268.50. Overnight the 30minute charts found resistance three times at exactly 1268.50 but the fourth … [Continue reading]
posted 9.22 a.m. est Pre-open comment Monday 10th January Early in Friday's session ES fell below First Level S/R at 1268.50. There was a rally in the afternoon which tested up into this level (see chart) but since that point ES has not … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 7th January Buyers rested as Thursday's "inside" Value Area overlapped and consolidated Wednesday's . Following pre-open numbers ES printed as low as 1264.50 but has subsequently rallied back up as … [Continue reading]
posted 9.18 a.m. est Pre-open comment Thursday 6th January Significant Buying was marked on Wednesday. Buyers Responded early in the session to minor opportunity (probe below 3day VAL). Buyers have been very active. I have marked seven … [Continue reading]
webcast 5th January … [Continue reading]
posted 9.29 a.m. est Pre-open comment Wednesday 5th January Overnight ES has printed as low as 1255.75, not as low as the 30day poc support at 1254. ES printing value below 1254 would indicate further weakness in the ST. I will assume higher … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 4th January A probe below 1252 (the 6day Value Area Low) early in Friday's session was quickly rejected. The 30day poc at 1254 was developed further followed by Aggressive Buying to the end of the … [Continue reading]