Daily analysis - Stock Market, Bonds, Forex and more
posted 9.20 a.m. est Pre-open Wednesday 4th November Tuesday was an inside day with a narrower, overlapping Value Area. The day session high was 1043, just below the top of the previous 2days summated Value Area which I suggested might limit … [Continue reading]
webcast - charts to 30th October released for subscribers earlier in the week … [Continue reading]
posted 9.29 a.m. est Pre-open Tuesday 3rd November Monday's Value Area was overlapping/lower and narrower on reduced volume. There was no Significant Buying or Selling marked. The early rally failed at the first resistance reached which was … [Continue reading]
posted 9.28 a.m. est Pre-open Monday 2nd November Last week I marked one instance of Significant Buying and two of Significant Selling. There were two obvious resistance levels highlighted as important last week which represented tests of … [Continue reading]
posted 9.29.a.m. est Pre-open Friday 30th October Wednesday's red-at-bottom low was not tested during Thursday's day session, (4 out of 5 get tested the following day). Also it is very rare to see a day of Effective Buying immediately … [Continue reading]
posted 9.29 a.m. est Pre-open Thursday 29th October Early in Wednesday's session ES failed to even probe back into Tuesday's Value Area and spent the rest of the session heading lower. Aggressive Selling was marked and the Value Area was lower … [Continue reading]
posted 9.26 a.m. est Pre-open Wednesday 28th October Tuesday was a ranging day generating a narrower, overlapping/lower Value Area on increased (and above average) volume. Price action was centred around the poc at 1063/64 rather than … [Continue reading]
posted 8.58 a.m. est Pre-open Tuesday 27th October Monday's Value Area was overlapping/lower and wider. Volume was slightly less than Friday but above average. The early rally was halted at exactly the First Level Support/Resistance of 1088.5 … [Continue reading]
webcast - charts to 23rd October released for subscribers earlier in the week … [Continue reading]
posted 10.17 a.m. est Post-open Monday 26th October Following is the pre-open comment from last Monday (19th) and could describe the situation this Monday, almost exactly: >>Today’s First Level S/R at 1088.5 is the key for the start of … [Continue reading]