Daily analysis - Stock Market, Bonds, Forex and more
posted 9.24 a.m. est Pre-open Wednesday 9th December The options ratios and Rydex assets data have not indicated an increase in fear among the smaller traders this week. That usually means more downside but the 1088.50 poc has so far provided … [Continue reading]
posted 9.27 a.m. est Pre-open Tuesday 8th December ES spent Monday in a tight range, the Value Area was narrow and the volume was low. Main point is that ES did not manage to consolidate above 1108 (see yesterday's comments … [Continue reading]
webcast - charts to 4th December released for subscribers earlier in the week … [Continue reading]
posted 9.20 a.m. Pre-open Monday 7th December ES rallied into the 273/182 time pivot (around 4th December) discussed in the webcast last week. This is a potential turning point in time. Last week's Value Area was overlapping/higher. The … [Continue reading]
posted 9.15 a.m. est Pre-open Friday 4th December On Thursday I marked Responsive Selling (red-at-top) above 1115 for the second time this week and also Aggressive Selling (red-at-bottom). Thursday's Value Area was overlapping Wednesday's so … [Continue reading]
posted 9.28 a.m. est Pre-open Thursday 3rd December A new high on Wednesday for ES met with Responsive Selling (red-at-top) and we're into the 273/182dy time pivot discussed in the webcast (a potential turning point in time). The recent poc … [Continue reading]
posted 9.28 a.m. Pre-open Tuesday 1st December You can see more than one day-session gap over recent days in this erratic market. You'll also notice they have been filled so maybe yesterday's will too. Either way I'm not considering short side … [Continue reading]
webcast - charts to 27th November https://www.chartprofit.com/video/cp__112709_2.html released for subscribers earlier in the week … [Continue reading]
posted 9.08 a.m. est Pre-open Tuesday 1st December 1106.5 = First Level Resistance. (10day poc) 1088.5 = First Level Support. (major poc) With Buying (green) as the last imbalance I cannot consider the short side. ISEE (equity only) … [Continue reading]
posted 9.26 a.m. est Pre-open Monday 30th November After the news related sell-off on Friday ES held above support to keep the longframe uptrend intact (see Friday comments bottom left). 1088.50 has emerged as the poc for the last 60 days or … [Continue reading]