Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Tuesday 30th November Monday began the week lower, building the 1178 poc. An afternoon rally saw ES higher to Friday's poc at 1189/90 (dotted) where it met resistance. This level was also the minor 1/2R … [Continue reading]
posted 9.24 a.m. est Pre-open comment Monday 29th November The only imbalance I only marked last week was the Significant Selling (red-at-bottom) on Friday although this was in a shortened session on very light volume. The Buyers had been … [Continue reading]
webcast 26th November … [Continue reading]
posted 8.41 a.m. est Pre-open comment Friday 26th November Wednesday session high came in at 1197, just above the Resistance given which was the 1196.50 minor poc. Pre-open today ES has printed as low 1182.50. First Level Resistance moves to … [Continue reading]
posted 9.28 a.m. est Pre-open comment Wednesday 24th November pre-open yesterday >>If ES is weak then 1188.50-1189.50 would be the obvious area of Resistance today. That's the 1/2R off last Tuesday's low and the 6dy … [Continue reading]
webcast 23rd November … [Continue reading]
posted 9.28 a.m. est Pre-open comment Tuesday 23rd November Yesterday's First Level S/R at 1197/98 proved resistance. When obvious levels provide resistance rather than support it indicates the ST bias is down. That area of price has been a … [Continue reading]
posted 9.26 a.m. est Pre-open comment Monday 22nd November As noted last week: on Tuesday (10/16) the 4month poc migrated higher to 1178. This is not necessarily bullish. It depends on subsequent price action relative to that poc. Effective … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 19th November Thursday - ES printed up to the minor 1/2R (off last week's high) at 1198. Consolidation above that level would put ES in a stronger price location but that has not happened … [Continue reading]
overnight rally extended after open today up to the minor 1/2R consolidation above 1/2R would put ES in a stronger price location from Pre-open Today I will most lkely not be able to produce the Market Profile chart today. Yesterday's … [Continue reading]