Daily analysis - Stock Market, Bonds, Forex and more
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]
posted 9.29 a.m. est Pre-open comment Thursday 7th April Sellers were marked on Wednesday, Responding to a test of the recent highs. The Value Area was overlapping so this is not Effective Selling. If I strictly apply my rules then Long trades … [Continue reading]
webcast 6th April … [Continue reading]
posted 9.29 a.m. est Pre-open comment Wednesday 6th April ES has now consolidated for five days above the 1318 poc. Significant Buyers were not marked in that time but Sellers have not taken the opportunity. This looks like Buyers … [Continue reading]
posted 9.29 a.m. est Pre-open comment Tuesday 5th April Both Friday and Monday found support at the 15day poc at 1324. This remains First Level Support today. Most recent imbalance is the Aggressive Buying five days ago so Short Trades are … [Continue reading]