Daily analysis - Stock Market, Bonds, Forex and more
posted 9.28 a.m. ET Pre-open comment Friday 30th September Wednesday's red-at-bottom low was tested on Thursday (odds favour an aggressive imbalance extreme being tested the following day about 80% of the time). Yesterday's 1st Level Support … [Continue reading]
posted at 5a.m. ET Pre-open comment Thursday 29th September On Wednesday I marked Aggressive Selling (red-at-bottom) as ES tested yesterday's 1st Level Support at 1147. This Selling Imbalance puts the ST analysis negatively back in line with … [Continue reading]
posted at 14.00 ET You may not find this as interesting as I do but here goes. if you look at the two charts below you will see I have marked the 1/2R levels that have provided clear Support for the emini SP500 and the Spyder. The … [Continue reading]
posted 9.25 a.m. ET Pre-open comment Wednesday 28th September Dayframe: 1st Level Resistance for Tuesday was 1190 and that was the exact intraday high. If ES can print some time above this proven Resistance it would indicate further ST … [Continue reading]
posted 5.20 a.m. ET Pre-open comment Tuesday 27th September Note: This was written at 5.15 a.m. ET I marked Aggressive Buying (green-at-top) on Monday. The 1/2R levels off Aug low now become Support. The LT analysis remains negative but ES … [Continue reading]
eBook 23rd September 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 9.29 a.m. est Pre-open comment Monday 26th September Dayframe: Strictly applying my own rules I had to mark Responsive Buying on Friday. It is noted but I am not placing much Significance on this, especially following the sell-off … [Continue reading]
posted 7.a.m. ET Pre-open comment Friday 23rd September Note: this was written at 7am ET The analysis on both timeframes looks very negative. If the Major Support levels are broken (see below) then the market could accelerate … [Continue reading]
webcast 22nd September … [Continue reading]
posted 9.29 a.m. ET Pre-open comment Thursday 22nd September Pre-open Tuesday I wrote that "If Significant Selling is marked below that level (1190) it would put the ST analysis back in line negatively with the LT analysis." That has now … [Continue reading]