Daily analysis - Stock Market, Bonds, Forex and more
posted 9.20 a.m. edt Pre-open comment Monday 12th September Note: we are following the Dec contract now. Chartprofit MarketTiming System for both Nyse and Nasdaq Market Charts remained negative for the eigth consecutive week. Over the … [Continue reading]
posted 9.29 a.m. edt Pre-open comment Friday 9th September Wednesday's (green-at-top) was tested on Thursday and immediately met with Responsive Selling (red-at-top). The 35day poc migrated higher to 1183 and this is now … [Continue reading]
webcast 8th September … [Continue reading]
posted 9.28 a.m. edt Pre-open comment Thursday 8th September On Wednesday I marked Aggressive Buying (green-at-top) as ES probed above the 30dayVAH. Stats suggest that a green-at-top high is tested the following day about 80% of the time but … [Continue reading]
webcast 7th September … [Continue reading]
eBook 7th 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 9.27 a.m. edt Pre-open comment Wednesday 7th September ES found Intraday Support at 1153, the 1/2R off Aug low (dotted). That was the first minor sign of strength and 1153 is now 1st Level Support. The 35dy poc migrated down to 1142 … [Continue reading]
posted 9.27 a.m. edt Pre-open comment Tuesday 6th September Last week I marked four instances of Significant Selling and one of Significant Buying = Acive Sellers on this timeframe. Friday closed below Mon-Wed range low so Weekly Structure is … [Continue reading]
posted 9.29 a.m. edt Pre-open comment Thursday 1st August I marked Responsive Selling (red-at-top) on Thursday and more Aggressive selling (red-at-bottom) later in the session. Analysis on both timeframes is lining up once again so I am very … [Continue reading]
posted 9.28 a.m. edt Pre-open comment Thursday 1st September I marked Responsive Sellers early in Wednesday's session but it was minimal and Ineffective (Value Area was higher). Effective Selling below 1203.5 would be first sign of weakness … [Continue reading]