Daily analysis - Stock Market, Bonds, Forex and more
posted 5.10 a.m. et Pre-open comment Wednesday 9th November Please note that my circumstances today dictate I write this at 5am ET. Market could look very different by 9am. ES currently 1251 as I write. I marked Aggressive Buying again on … [Continue reading]
posted 5.10 a.m. et Pre-open comment Tuesday 8th November Strictly applying my own rules I had to mark Aggressive Buying on Monday but only just as ES probed the top of the 3day range. The Value Area was overlapping so this was not Effective … [Continue reading]
posted 8.35 a.m. est Pre-open comment Monday 7th November The Chartprofit Market Timing System stayed positive for all US Market Charts. UK went back to neutral. Dayframe: Overnight ES has probed up towards Resistance at 1249. The 30dy poc … [Continue reading]
posted 9.29 a.m. ET Pre-open comment Friday 4th November Dayframe: ES found low on Thursday at 1st Level Support which is encouraging. I also marked Aggressive Buying (green-at-top) which is usually a positive in the ST. My minor concern on the … [Continue reading]
posted 9.29 a.m. et Pre-open comment Thursday 3rd November ES has so far held 1/2R Support at 1214.50 but I have not marked Significant Buying since the Selling three days ago. The LT analysis still looks supportive but Buyers active on this … [Continue reading]
posted 9.45 a.m ET Post-open comment Wednesday 2nd November ES has not convincingly broken the 1/2R Support at 1214.50 but also there has been no convincing Response from the Buyers. Should the 1214.50 Support be broken I would be very … [Continue reading]
posted 9.29 a.m. ET Pre-open comment Tuesday 1st November I said yesterday that based on the overbought nature of the market and the ST Sentiment data that the Market could well consolidate here. The price action since suggests more of a … [Continue reading]
eBook 3rd October The DNL Reader is required to view the eBook. If you do not have this program please download it here: www.digitalwebbooks.com/reader/ … [Continue reading]
posted 10.20 a.m. ET Pre-open comment Monday 31st October The Chartprofit Market Timing System is now positive for all Major Market Charts. Friday Close was above Mon-Wed Range high which is usually good for continuation. Dayframe: The LT … [Continue reading]
posted 9.23 a.m. ET Pre-open comment Friday 28th October Aggressive Buying was marked on Thursday. The stats regarding a green-at-top high being tested the following day (80%) are much less reliable for a gap day (like Thursday) but we can say … [Continue reading]