Daily analysis - Stock Market, Bonds, Forex and more
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]
webcast 8th February … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 8th February Dayframe: ES gapped higher on Monday and now prints above the 8dayVAH which comes in today at 1308.5 also hourly oscillators are indicating a loss of momentum on the intraday chart. … [Continue reading]
posted 9.20 a.m. est Pre-open comment Monday 7th February from Friday pre-open "The minor poc has yet to migrate higher but a little more time at 1302/03 would do it". During Friday's session, more time was spent at 1302/03 which lifted the … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 4th February ES tested down into First Level Support on Thursday and quickly came back (see highlighted comments from yesterday). I marked Responsive and Aggressive Buying. Thursday price action … [Continue reading]
posted 9.29 a.m. est Wednesday was a tight range day on low volume (notice the distribution was backing and filling Tuesday's). These inside, quiet days have a tendency to preceed directional days. On intraday charts you will find these kind of … [Continue reading]