Daily analysis - Stock Market, Bonds, Forex and more
posted 9.20 a.m. est Pre-open comment Friday 20th May The Support and Resistance given pre-open marked the extremes on Thursday apart from brief, rejected tests early in the session. Following Wedneday's Aggressive Buying ES was higher … [Continue reading]
posted 8.29 a.m. est Pre-open comment Thursday 19th May I marked Aggressive Buying (green-at-top) on Wednesday and a Higher, wider Value Area was generated above the 1327 poc which is Effective Buying. Pre-open ES has printed back to the … [Continue reading]
webcast 18th May … [Continue reading]
posted 9.20 a.m. est Pre-open comment Wedesday 18th May I suggested Buyers might Respond (green-at-bottom) if 1317 printed and that did occur yesterday but Tuesday's Value Area printed entirely below the 1327 poc so this is not Effective … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 17th May The 1327 support was tested on Monday with the Session Close being below that level. Aggressive Selling (red-at-bottom) was marked. Bulls would want to see ES recover back above 1327 … [Continue reading]
webcast 16th May … [Continue reading]
posted 8.40 a.m. est Pre-open comment Monday 16th May It is rare to see Significant Buyers and Sellers so active at the same time. Last week I marked two instances of Significant Buying and three instances of Significant Selling. However, all … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 13th May The activity of Significant Buyers and Sellers over the last few days has been unusually volatile but this tug-of-war has taken place entirely above 1327 so ES has stayed in a strong price … [Continue reading]
webcast 12th May … [Continue reading]
posted 9.21 a.m. est Pre-open comment Thursday 12th May My ST reading of the market going into Wednesday's session (see above) went wrong very quickly. I had anticipated support around 1349.50 (minor 1/2R), a test of Tuesday's green-at-top … [Continue reading]