Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. Pre-open Thursday 30th September Wednesday printed another Value Area in the 1136-43 region consolidating long enough at this higher range to lift the 7week poc to 1139. That's ST bullish if ES can hold above that price. … [Continue reading]
webcast 29th September … [Continue reading]
posted 9.18 a.m. est Pre-open Wednesday 29th September Although ES has been printing above the 5month VAH (1126) since 09/20 Sellers have not convincingly Responded. Significant Buyers had not been marked for five days offering an opportunity … [Continue reading]
posted 7.10 a.m. est Pre-open Tuesday 28th September I haven't marked Significant Buyers for five days now but Sellers have not offered a convincing Response so far. Until that happens I will assume this is Buyers resting. We approach a … [Continue reading]
posted 9.18 a.m. est Pre-open Monday 27th September On Thursday and Friday ES found support at First Level S/R (see previous comments below). It's usually a good sign when expected support proves itself day to day. Once again Friday was the … [Continue reading]
posted 9.29 a.m. est Pre-open Friday 24th September ES found support at the 2month poc 1117 and has rallied. Dayframe: First Level S/R today is between the very minor (but important) 3day 1/2R at 1130.50 and the 5day poc at 1132. If ES can … [Continue reading]
posted 9.28 a.m. est Pre-open Thursday 23rd September ES probed above 1136 (4day poc) immediately after the open on Wednesday but was quickly rejected. This was followed by further weakness as I suggested it might. By the close I had to mark … [Continue reading]
posted 9.28 a.m. est Pre-open Wednesday 22nd September After weakness through the a.m. ES tested above Monday's green-at-top high (80% Rule) and hit a new rally high. Dayframe: First Level S/R moves to 1136 (4day poc). If this level is … [Continue reading]
webcast 21st September … [Continue reading]
posted 9.28 a.m. Pre-open Tuesday 21st September Significant Buyers were marked on Monday, Aggressively auctioning ES higher in the p.m. Value Area was higher and wider which is good for continuation although volume was lower (only 80% of … [Continue reading]