Daily analysis - Stock Market, Bonds, Forex and more
posted 8.30 a.m. est Pre-open comment Monday 9th May Last week I marked two instances of Significant Selling and no Significant Buying. The major poc Support at 1327 was tested very briefly on Thursday and the minor 1/2R tested briefly on … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 6th May Thursday's high was a slight test of the 1344 minor level of Resistance and then sold off down to the major support at 1327 - both levels given pre-open yesterday. There was a brief test of … [Continue reading]
webcast 5th May … [Continue reading]
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]