Daily analysis - Stock Market, Bonds, Forex and more
posted 8.56 a.m. et pre-open comment Monday 16th April Last week both Significant Buyers and Sellers were active trying to auction ES directionally away from the important 1366 poc. Neither were successful with ES closing the week very close … [Continue reading]
posted 7.45 a.m. et pre-open comment Friday 13th April Both levels given pre-open yesterday provide Support and Resistance. The session low came in almost immediately after the Open as the 1366 poc (given) was tested and rejected. … [Continue reading]
In the pre-open today I wrote.. >>Wednesday generated a very tight Value Area. Most time was spent printing 1366, enough in fact for the 4month poc to migrate up to this level. This increases the significance of 1366. Significant Buying … [Continue reading]
posted 9.15 a.m. et pre-open comment Thursday 12th April Wednesday generated a very tight Value Area. Most time was spent printing 1366, enough in fact for the 4month poc to migrate up to this level. This increases the significance of 1366. … [Continue reading]
posted 9.08 a.m. pre-open comment Wednesday 11th April Tuesday generated a lower, wider Value Area on increased volume. Aggressive Sellers were marked below the 1366 poc which means we need to be extremely cautious of this market. As an … [Continue reading]
posted 9.04 a.m. et pre-open comment Tuesday 10th April Monday generated a Value Area entirely below the 1395 poc. Although Significant Sellers have yet to be marked below that level this activity is an indication of weakness. I am not … [Continue reading]
posted 9.10 a.m. et pre-open comment Thursday 5th April Overnight ES has printed as low as 1384 which is a test of the 20dy VAL at 1386. VAL is the Value Area Low and 20days covers the current range that ES is in. If Buyers are still active … [Continue reading]
posted 9.08 a.m. et pre-open comment Tuesday 3rd April Overnight ES has sold off with the European markets and pre-open has tested down to the First Level Support at 1395. If this Support does not hold it will likely suggest further weakness … [Continue reading]
S&P 500 Top April 2012? _ Backed up to youtube youtube video 3rd April 2012 … [Continue reading]
posted 856 a.m. et pre-open comment Tuesday 3rd April On Monday Buyers Responded (green-at-bottom) to an early test of the 10dy poc at 1403, see yesterday's comments (highlighted). A higher, wider, Value Area was generated which is usually a … [Continue reading]