Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open Wednesday 20th October On Tuesday ES found support at exactly 1155.50, the 15daypoc mentioned yesterday. If ES prints value below 1155.50 this could become something more serious but so far I'd classify … [Continue reading]
webcast 19th October … [Continue reading]
posted 9.28 a.m. est Pre-open Tuesday 19th October ES found support just below First Level S/R on Monday, in fact at Friday's poc (see chart). After rallying back above First Level S/R ES built Monday's Value Area above Thursday's and … [Continue reading]
posted 9.26 a.m. est Pre-open Monday 18th October Last week Significant Buyers were active on Tuesda, both Responsive and Aggressive. Monday's poc at 1163 limited the downside for the rest of the week (dotted) and no Significant Selling was … [Continue reading]
posted 9.23 a.m. est Pre-open Friday 15th October ES low on Thursday came in at the First Level S/R - see above. If ES can hold above today's First Level S/R at 1172.50 early in the session we may well see another week finishing with … [Continue reading]
posted 9.28 a.m. est Pre-open Thursday 14th October ES opened and drove higher to its highest level since May 5th with no markable response from the Sellers. First Level S/R today = 1163 (5daypoc). Lower support at 1155.5 … [Continue reading]
posted 9.25 a.m. est Pre-open Wedesday 13th October An early probe below Tuesday's First Level S/R at 1155.50 was rejected as Buyers Responded again (green-at-bottom). Aggressive Buying (green-at-top) was also marked. Value Area was wider … [Continue reading]
webcast 12th October … [Continue reading]
posted 9.25 a.m. est Pre-open Tuesday 12th October Monday generated a very narrow, overlapping/higher Value Area on very low volume. Overnight ES printed down to 1151.75 but has recovered back above First Level S/R. It looks like dips are … [Continue reading]
posted 8.50 a.m. est Pre-open Monday 11th October Last week retained the bullish weekly structure that we've seen almost every week since the September price low, i.e. relative weakness early in the week and relative strength late in the week. … [Continue reading]