Daily analysis - Stock Market, Bonds, Forex and more
posted 9.28 a.m. est Pre-open comment Tuesday 22nd February Chartprofit Market Timing system stayed positive for all major Market Charts. Weekly structure remains bullish with Tuesday on the low last week and Friday on the high. At the … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 18th February I had been expecting Responsive Sellers to step in before ES reached 1340 but that hasn't happened. I thought we would see some red-at-top this week but in fact Significant Buyers are … [Continue reading]
posted 9.26 a.m. est Pre-open comment Thursday 17th February Wednesday: ES printed as high as 1336. Rejection from this level early in the session was not convincing; First Level Support at 1326.50 held and ES spent the rest of the session … [Continue reading]
posted 9.14 a.m. est Pre-open comment Wednesday 16th February Another narrow Value Area on Tuesday but consolidating the higher level Friday advanced to last week. 1326.50 is the minor (3day poc) and becomes First Level Support for this … [Continue reading]
webcast 15th February … [Continue reading]
posted 9.10 a.m. est Pre-open comment Tuesday 15th February Monday's session generated a higher/overlapping, narrower Value Area on reduced volume. The whole session was above Friday's poc which is a ST positive. No Significant Imbalances were … [Continue reading]
posted 9.29 a.m. est Pre-open comment Monday 14th February Last week I marked four instances of Significant Buying and no Significant Selling. The Chartprofit Market Timimg System is positive for all major Market Charts. Friday's session … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 11th February This week ES had been printing above the 8dayVAH but yesterday's price action has raised the 8dayVAH to 1322 with the 8dayVAL 1302.5. The minor poc of any significance (17day) has also … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 10th February Since the start of the week ES has been printing above the 8dayVAH which has slowed progress higher. 8dayVAH comes in at 1314.5 today with ES currently printing below that level … [Continue reading]
posted 5.32 a.m. est Pre-open comment Wednesday 9th February Within the first thirty minutes of Tuesday's session there was a test below 1316 (level given yesterday) which was quickly rejected. I marked Responsive and Aggressive Buying which … [Continue reading]