Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Wednesday 2nd February On Tuesday I marked Significant Buying. This was on a gap day higher which gives me less reliable stats but it would be highly unusual to see a green-at-top day marking a high of any … [Continue reading]
webcast 1st February … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 1st February Although the stats are not as strong for a Friday (I have mentioned this before ) red-at-bottom lows are usually tested on the following day. Friday's low was tested overnight Sunday … [Continue reading]
posted 9.29 a.m. est Pre-open comment Monday 31st January Friday: Sellers Responded on Friday as the SP500 index opened above 1300 for the first time since Sept 2008. Very little time was spent above ES First Level Support at 1293 and Second … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 28th January Dayframe: I said pre-open on Thursday that we "may well see more consolidation as ES is up into the 8dayVAH which has slowed price recently". ES did in fact consolidate further, … [Continue reading]
posted 18.50 est 01/26. Unable to produce pre-open comment for Thursday so posting this not long after Wednesday's close. ES reached a new high on Wednesday and the Value Area, although narrow, gapped higher and held above the level that … [Continue reading]
webcast 26th January … [Continue reading]
posted 9.28 a.m. est Pre-open comment Wednesday 26th January Tuesday's 8dayVAH was at 1288 and once again this capped the upside during the session. The 8dayVAH moves up to 1292 for today and 8dayVAL to 1278. These dynamic (they move) levels … [Continue reading]
posted 9.28 a.m. est Pre-open comment Tuesday 25th January Monday printed some time above the 1281.50 poc which is a positive in the ST but once again a probe above 8dayVAH at 1288 (dotted) capped the upside during the session. Overnight ES … [Continue reading]
posted 9.13 a.m. est Pre-open comment Monday 24th January Early in Friday's session there was a probe above the 8day VAH at 1285.50 (quoted pre-open) which was rejected. The 8day Value Area High and Low have provided consistently good … [Continue reading]