Daily analysis - Stock Market, Bonds, Forex and more
posted 5.30 a.m. edt Pre-open comment Wednesday 27th July note: following was written at 5.30 a.m. edt The most recent imbalance was Buying (green) and price action since then appears to be Buyers Resting, i.e. Buyers looking for a Response … [Continue reading]
posted 9.27 a.m. edt Pre-open comment Tuesday 26th July Once again the 1327poc came into play, providing Support early in yesterday's session. Also the exact overnight low has been 1327. First sign of weakness comes if this level fails but no … [Continue reading]
webcast 25th July … [Continue reading]
posted 9.22 a.m. edt Pre-open comment Monday 25th July Chartprofit Market Timing System remained negative for both Nyse and Nasdaq Market Charts. %Stocks>50dyma ended the week well above the 50 mark for both. Last week saw Buyers … [Continue reading]
posted 9.29 a.m. edt Pre-open comment Friday 22nd July Note that 1327 marked the high during Wednesday's session and the low in Thursday's session - see chart. Clearly an important S/R Level to monitor. This week Buyers have Aggressively … [Continue reading]
posted 9.29 a.m. edt Pre-open comment Thursday 21st July Wednesday's given levels performed well. 1327 capped the upside during the session and overnight 1315 has been the exact low. Re 1327 I commented yesterday that "more time here could … [Continue reading]
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]