Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Thursday 5th May Last two days we've seen lower Value Areas and the previous day's poc (dotted) has not been exceeded during the day session. I've noted this before and it's a weak pattern. Wednesday's … [Continue reading]
posted 04.30 a.m. est Pre-open comment Wednesday 4th May Tuesday saw further weakness following Monday's Aggressive Selling. Session close was below previous two lows and that pattern usually indicates a further low test (Tuesday's … [Continue reading]
webcast 3rd May … [Continue reading]
posted 9.26 a.m. est Pre-open comment Tuesday 3rd May Significant Selling was marked on Monday and although this was Ineffective Selling (overlapping/higher and wider Value Area) Long Trades are now eliminated for me until Significant Buying … [Continue reading]
posted 07.10 a.m. est Pre-open comment Monday 2nd May Last week I marked two instances of Significant Buying and no Significant Selling. No Selling imbalances have been marked for eleven days. Short Trades have been eliminated for me since … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 29th April Wednesday's green-at-top high was exceeded. Value Area was higher. Monday marked the low of the week so far with Thursday on the high. If Friday closes above 1354 (Wednesday's high) we … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 28th April ES tested the First Level Support at 1342 early in the session but Wednesday's VA was generated above this level. Later in the day Aggressive Buying was marked. We now have a … [Continue reading]
webcast 27th April … [Continue reading]
posted 9.07 a.m. est Pre-open comment Wednesday 27th April ES session low Tuesday was 1334.50, i.e. holding above the minor poc at 1333. This was a further indication of ST strength. February's high was exceeded and the SP500 index reached … [Continue reading]
posted 9.28 a.m. est Pre-open comment Tuesday 26th April The 1327 (5month poc) support held during Monday's session and again overnight. ES printing below this level would be the first indication of ST weakness and so far this week this has … [Continue reading]