Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Tuesday 19th April ES fell soon after the open on Monday but found Support (within the zone given) just above the 1/2R off February high. It is always helpful to ask the questions "who is Active?" and … [Continue reading]
webcast 18th April … [Continue reading]
posted 8.42 a.m. est Pre-open comment Monday 18th April Chartprofit Market Timing system is negative for all major Market Charts except Russell2000 which is now neutral. Last week I marked two instances of Significant Buying and two of … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 15th April Responsive Buying (green-at-bottom) was marked on Thursday. Value Area was lower and wider so this is not Effective Buying. 1312.50 remains the minor poc although it requires very … [Continue reading]
posted 9.29 a.m. est Wednesday: A probe higher early in Wednesday's session didn't quite make it into the Resistance band between 1318-1321 before being Responsive Sellers stepped in (red-at-top). That's five instances of Significant Selling … [Continue reading]
posted 9.30 a.m. est Pre-open comment Wednesday 13th April Tuesday generated a lower, narrower Value Area. Session low was 1305.25 - I have no obvious support here. Most recent Imbalance is Aggressive Selling so I will assume lower until I … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 12th April On Monday there was an early probe above the 5month poc at 1328.50 which was quickly rejected. Aggressive Selling (red-at-bottom) was marked later in the day taking ES down for a probe of … [Continue reading]
webcast 11th April … [Continue reading]
posted 6.55 a.m. est Pre-open comment Monday 11th April ChartProfit Market Timing System: U.S. Market Charts are mixed. Nasdaq turned back to negative, Nyse remains neutral and R2000 stayed positive. The U.K. Market Chart remained … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 8th April see yesterday's comments (highlighted on graphic) Thursday's session saw early weakness which recovered. Low held above the 1318 support but the high-low range for the week was slightly … [Continue reading]