Daily analysis - Stock Market, Bonds, Forex and more
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]
webcast 17th November … [Continue reading]
posted 8.32 a.m. est Pre-open comment Wednesday 17th November I haven't marked Significant Buying for nine days now and that's quite a change. Sellers are in charge for now. Significant development: The 4month poc migrated higher to 1178 on … [Continue reading]
posted 9.20 a.m. est Pre-open comment Tuesday 16th November Early in Monday's session First Level Support at 1197.5 held good for a morning rally which was retraced later in the day as ES closed near the low of the session at Friday's poc. … [Continue reading]