Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Thursday 9th December On Wednesday Significant Sellers Responded (green-at-bottom) below First Level Support at 1222. This was a test below the 3day VAL (Value Area low) and represented a minor opportunity … [Continue reading]
posted 9.29 a.m. est Pre-open comment Wednesday 8th December Pre-open Monday I gave 1220 as the First Level S/R which proved to be the low of the session and yesterday I gave 1222 as First Level Support which again was the session low. Support … [Continue reading]
webcast 7th December … [Continue reading]
posted 9.08 a.m. est Pre-open comment Tuesday 7th December Pre-open yesterday I gave 1220 (2day minor poc) as the First Level S/R which proved to be the low of the session. Support from First Level S/R is a positive. ES has been strongly … [Continue reading]
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]