Daily analysis - Stock Market, Bonds, Forex and more
posted 9.18 a.m. est Pre-open Tuesday 30th March Price around 1170 was resistance yesterday as anticipated. Buyers have now rested for four days at these higher levels looking for a response from the Sellers and so far there has been none. … [Continue reading]
posted 9.27 a.m. est Pre-open Monday 29th March Last week I marked Significant Buying three times. There was no Significant Selling. The poc at 1161.50 was developed further so this is still the obvious First Level S/R at the start of this … [Continue reading]
posted 7.20 a.m. est Pre-open Friday 26th March Note: yesterday's graphic was incorrectly dated, apologies. On the index charts yesterday's bar looks like a bearish reversal day but on the profile you can see that the Value Area was higher … [Continue reading]
posted 9 a.m. est Pre-open Thursday 25th March from webcast: "there is potential resistance up around 1171" 1161.50 did indeed provide support yesterday - that was the low. ES did not test the previous day's high but looks as though it will … [Continue reading]
webcast - charts to 19th February released for subscribers earlier in the week Transcript of Webcast below: Looking first at the emini S&P future. We had some Significant Selling which I marked here, Responsive Selling on Friday which … [Continue reading]
posted 9.29 a.m. est Pre-open Wednesday 24th March There was a new high on Tuesday with ES stalling around the 1171 level I mentioned in the webcast. Overnight ES has printed as low as 1162, just above First Level S/R at 1161.50. Aggressive … [Continue reading]
I said earlier today that >>My version of the Rydex Assets Ratio was up from 3.4 to 3.6<< that was incorrect. Those numbers actually belong to my version of the Rydex ND100 assets ratio. My Version of the Rydex Assets Ratio … [Continue reading]
posted 9.29 a.m. est Pre-open Tuesday 23rd March Significant Responsive Buying (green-at-bottom) and Aggressive Buying (green-at-top) were marked yesterday. The Responsive Selling marked on Friday may have been the first since early February … [Continue reading]
posted 9.27 a.m. est Pre-open Monday 22nd March Friday marked the first time since 4th February that Significant Sellers appeared. Last Friday was also quadruple witching and these expiration dates are often highly volatile and market movements … [Continue reading]
posted 9.25 a.m. est Pre-open Friday 19th March Thursday's session generated a narrower "inside" Value Area. Two days of consolidation centred around ES1161.50 has seen that level attract more time than any other over the last three weeks. … [Continue reading]