Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. edt Pre-open comment Wednesday 20th July Tuesday's Support at 1307.50 (25dypoc) held from the Open and later in the day Aggressive Buying was marked as ES broke above the 1315 Resistance (maj poc) indicating ST strength. … [Continue reading]
webcast 19th July … [Continue reading]
posted 9.27 a.m. est Pre-open comment Tuesday 19th July Note yesterday's comment corrected - highlighted left. Dayframe: The 25dypoc migrated to 1307.50. If ES cannot hold that ST Support post open it would suggest further weakness. Time … [Continue reading]
posted 9.28 a.m. est Pre-open comment Monday 18th July Chartprofit Market Timing System turned back to negative for both Nyse and Nasdaq. The %Stocks>50dyma numbers ended the week for both these Market Charts very close to 50%. The major … [Continue reading]
posted 9.28 a.m. edt Pre-open comment Friday 15th July Aggressive Selling (red-at-bottom) was marked for the first time in 13days. This eliminates long-side for me until Significant Buying is marked again. Pre-open ES has rallied as high as … [Continue reading]
webcast 14th July … [Continue reading]
posted 9.29 a.m. edt Pre-open comment Thursday 14th July Wednesday's day session found Resistance at the 1327 poc and Support later in the day at the 1310 1/2R, both levels given. Although overnight ES has dipped below that support you can see … [Continue reading]
posted 9.28 a.m. est Pre-open comment Wednesday 13th July Tuesday's day session was supported by the 1/2R off May high at 1310 but there was certainly no obvious Response from the Buyers at that level. If ES breaks that 1/2R and prints time … [Continue reading]
webcast 12th July … [Continue reading]
posted 9.28 a.m. est Pre-open comment Tuesday 12th July Chart broke convincingly below the maj poc at 1327 which supported nearly all price action last week - I take that as a negative development. With price where it is currently, 1327 is now … [Continue reading]