Daily analysis - Stock Market, Bonds, Forex and more
posted 9.18 a.m. est Pre-open comment Monday 6th December Thursday's green-at-top high was exceeded on Friday as ES closed strong for the week. This pattern of relative weakness early in the week and relative strength late in the week is … [Continue reading]
posted 9.28 a.m. est Pre-open comment Friday 3rd December Aggressive Buying (green-at-top) was marked on Thursday. That's the first Significant Buying marked since 3rd November and means that short trades are eliminated for me until … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 2nd December ES gapped up on Wednesday (I hate gaps) above the 1/2R off November high (dashed) and held through the session. This puts ES in a stronger price location if it holds. Have still not … [Continue reading]
webcast 1st December … [Continue reading]
posted 9.21 a.m. est Pre-open comment Wednesday 1st December Intraday support at 1178 early on Tuesday was looking positive for ES until late in the session saw a decline back to the same level. Pre-open today ES has probed as high as … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 30th November Monday began the week lower, building the 1178 poc. An afternoon rally saw ES higher to Friday's poc at 1189/90 (dotted) where it met resistance. This level was also the minor 1/2R … [Continue reading]
posted 9.24 a.m. est Pre-open comment Monday 29th November The only imbalance I only marked last week was the Significant Selling (red-at-bottom) on Friday although this was in a shortened session on very light volume. The Buyers had been … [Continue reading]
webcast 26th November … [Continue reading]
posted 8.41 a.m. est Pre-open comment Friday 26th November Wednesday session high came in at 1197, just above the Resistance given which was the 1196.50 minor poc. Pre-open today ES has printed as low 1182.50. First Level Resistance moves to … [Continue reading]
posted 9.28 a.m. est Pre-open comment Wednesday 24th November pre-open yesterday >>If ES is weak then 1188.50-1189.50 would be the obvious area of Resistance today. That's the 1/2R off last Tuesday's low and the 6dy … [Continue reading]