Daily analysis - Stock Market, Bonds, Forex and more
posted 9.28 a.m. est Pre-open Wednesday 3rd November Tuesday's Value Area was very narrow but held in the area of 1190 which was the level that previously attracted Responsive Selling. Acceptance at this higher level would usually be a bullish … [Continue reading]
webcast 2nd November … [Continue reading]
posted 9.27 a.m. est Pre-open Tuesday 2nd November On Monday I marked Responsive Selling (red-at-top) again above 1190. There was a probe below the 1178 poc in the p.m. but a late rally closed it back above that important level. Dayframe: … [Continue reading]
posted 9.22 a.m. est Pre-open Monday 1st November Last week I marked two instances of Significant Responsive Selling (red-at-top) and one instance of Significant Responsive Buying (green-at-bottom). The 30dy poc migrated higher last week to … [Continue reading]
posted 9.29 a.m. est Pre-open Friday 29th October See yesterday's comments (highlighted). Monday's poc at 1186 was the Minor Resistance given and that's where the Sellers Responded (red-at-top). ES was quickly auctioned back to the 30day poc … [Continue reading]
posted 9.29 a.m. est Pre-open Thursday 28th October I marked no Significant Buying yesterday but an afternoon rally saw ES auctioned back to the 30day poc at 1178. Overnight all price action has taken place above that poc and pre-open … [Continue reading]
webcast 27th October … [Continue reading]
posted 9.29 a.m. est Pre-open Wednesday 27th October Pre-open yesterday I wrote "Pre-open ES is probing down below the First Level support at 1178. ST Bulls would want to see ES quickly back above that level." The open was lower than 1178 but … [Continue reading]
posted 9.29 a.m. est Pre-open Tuesday 26th October Sellers Responded on Monday (red-at-top) soon after the open and ES closed near the low of the day but the Value Area was higher and wider so this is not yet Effective Selling. Even so I like … [Continue reading]
posted 9.29 a.m. est Pre-open Monday 25th October Friday's session was narrow with most time spent around 1178 which lifted the twenty day poc to this level. 1178 is the First Level Support at the start of this week. Next Level support comes … [Continue reading]