Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. et Pre-open comment Wednesday 4th January Tuesday's session represented a probe above the 4month VAH at 1265. Pre-open ES prints almost back down at that level. This may be a failed test. I would look for Significant Selling … [Continue reading]
posted 9.15 a.m. et Pre-open comment Tuesday 3rd January Last week I marked Significant Buying once and no Significant Selling. Friday closed within the Mon-Wed Range which shows no directional bias on this timeframe - previous week indicated … [Continue reading]
posted 9.28 a.m. et Pre-open comment Friday 30th December On Thursday I marked Aggressive Buying for the third time in four days and yet the chart has not managed to break above the VAH. You can see from the chart that the 1244 Support and the … [Continue reading]
posted 9.29 a.m. et Pre-open comment Thursday 29th December From this week's eBook >>The important level to monitor is the Support at ES 1244<<. Wednesday's session tested briefly down to 1243 and overnight the low has been … [Continue reading]
posted 9.29 a.m. et Pre-open comment Wednesday 28th December The 2month VAH at 1265 was closely approached during Tuesday's session and again overnight. Has not been exceeded yet. If ES prints time above this level it would be ST Bullish. … [Continue reading]
posted 9.47 a.m. et Post-open comment Tuesday 27th December Last week I marked Significant Buying three times and Significant Selling once. Friday closed above the Mon-Wed Range high and above the previous week's high which is Effective Buying … [Continue reading]
posted 9.16 a.m. et Pre-open comment Friday 23rd December Aggressive Buying (green-at-top) was marked on Thursday with most of the session's Value Area being printed above the 1244 poc putting ES in a stronger price location in the ST. This … [Continue reading]
posted 9.27 a.m. et Pre-open comment Thursday 22nd December In the early part of Wednesday's session there was follow-on weakness from the overnight rejection of the probe above 1244. This was reversed in the p.m. with ES closing strong but … [Continue reading]
posted 9.29 a.m. et Pre-open comment Wednesday 21st December Red-at-bottom lows are usually tested the following day. Monday's was not. In fact Aggressive Buying was marked on Tuesday (green-at-top). Aggressive Buying following a day of … [Continue reading]
posted 9.29 a.m. et Pre-open comment Tuesday 20th December Monday's session high came in at exactly the 8day poc at 1218.5. I wrote pre-open that "intraday S/R at this level could help decide the very minor bias", and that was the case … [Continue reading]