Daily analysis - Stock Market, Bonds, Forex and more
posted 9.23 a.m. est Pre-open commentTuesday 14th December Since ES gapped up on 1st December there has only been one corrective day and for the last three sessions the Value Areas have been generated above the previous day's Value Area which … [Continue reading]
posted 9.26 a.m. est Pre-open comment Monday 13th December Last week I marked two instances of Significant Buying and one of Significant Selling. There was relative weakness early in the week and relative strength late in the week which is the … [Continue reading]
posted 9.28 a.m. est Pre-open comment Friday 10th December Price has been accepted in the area of 1235 (rejected on Tuesday) which is ST Bullish. The Sentiment both LT and ST is pushing extremes but maybe the seasonal strength will win … [Continue reading]
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]