Daily analysis - Stock Market, Bonds, Forex and more
posted 9.26 a.m. est Pre-open Tuesday 27th April Monday's Value Area was higher and narrower generating less volume. ES looks set to open below 1205 - I'll be interested to see if ES can recover this level quickly or if it becomes … [Continue reading]
posted 9.22 a.m. est Pre-open Monday 26th April Last week I marked Significant Buying six times and no Significant Selling. The Buyers continue to dominate; e.g. on Thursday they responded aggressively when price tested 1186.50, which was the … [Continue reading]
posted 9.30 a.m. est Pre-open Friday 23rd April On Thursday Significant Buyers Responded (green-at-bottom) above 1183.50 and Aggressively auctioned ES higher (green-at-top) to test First Level Resistance at 1204. Since 9th April this chart … [Continue reading]
posted 8.15 a.m. est Pre-open Thursday 22nd April Very interesting session on Wednesday. The low was exactly on yesterday's First Level S/R at 1195 (dotted). However, during the session the minor poc (10day) migrated higher to 1204 and … [Continue reading]
posted 9.25 a.m. est Pre-open Wednesday 21st April Tuesday's Value Area was higher and narrow generating less volume. The 9day poc has settled at 1195 which is also exactly 1/2R from last Thursday's high and is therefore First Level S/R … [Continue reading]
posted 9.28 a.m. est Pre-open Tuesday 20th April I marked Significant Buyers twice on Monday, Responding (green-at-bottom) to a probe below the 15day poc at 1183.50 and later in the day Aggressively (green-at-top) auctioning ES to a strong … [Continue reading]
posted 9.27 a.m. est Pre-open Monday 19th April From last week's ebook "let's assume higher until price gives us an indication of weakness. Marking Significant Sellers on the ES profile below 1183.50 would be a start." 1183.50 is now the … [Continue reading]
posted 9.28 a.m. est Pre-open Friday 16th April First Level S/R is the 5day poc at 1195. Wednesday's green-at-top high was exceeded as expected but there's too much complacency and a lot of public Bulls (see below). I'm staying bullish for … [Continue reading]
posted 9.28 a.m. est Pre-open Thursday 15th April Significant Buyers were active again on Wednesday, Aggressively (green-at-top) auctioning ES to a new high. The high of a green-at-top day is tested during the following session 80% of the … [Continue reading]
posted 9.25 a.m. est Pre-open Wednesday 14th April Significant Buyers were active again on Tuesday. There has been no Significant Selling marked since 19th March. Buyers Responded just above First Level support at 1183.50 and were active … [Continue reading]