Daily analysis - Stock Market, Bonds, Forex and more
posted 9.25 a.m. est Pre-open Tuesday 12th October Monday generated a very narrow, overlapping/higher Value Area on very low volume. Overnight ES printed down to 1151.75 but has recovered back above First Level S/R. It looks like dips are … [Continue reading]
posted 8.50 a.m. est Pre-open Monday 11th October Last week retained the bullish weekly structure that we've seen almost every week since the September price low, i.e. relative weakness early in the week and relative strength late in the week. … [Continue reading]
posted 9.29 a.m. est Pre-open Friday 8th October Thursday built Value in the same area as the previous two days. No Significant Selling has yet been marked. 1155.5 is the minor (3day) poc. This is First Level S/R today. Intraday resistance … [Continue reading]
posted 9.28 a.m. est Pre-open Thursday 7th October Wednesday held up well consolidating at the high end of Tuesday's range. In the LT the Chartprofit Market Timing System is positive which supports higher prices. In the ST the last … [Continue reading]
webcast 6th October … [Continue reading]
Today the market broke to a new rally high. ES has so far today printed as high as 1154.75. If you read the previous notes below you will see that we have an anticipated time and price target coinciding here which introduces the strong possibility … [Continue reading]
posted 9.28 a.m. est Pre-open Tuesday 5th October Monday tested down to the level that brought Responsive Buying (green-at-bottom) the previous Tuesday. Pre-open today ES is printing back up towards the high of the recent range. I note that … [Continue reading]
posted 9.28 a.m. est Pre-open Monday 4th October Friday printed yet another Value Area in the 1136-43 region. Last week Buyers Responded below this range (green-at-bottom) and Sellers Responded above (red-at-top). More reliable would be a … [Continue reading]
posted 9.26 a.m. est Pre-open Friday 1st October Thursday was a volatile day. ES broke out to a new rally high at the open but immediately met with Responsive Selling which left Significant Sellers marked on the profile by the close … [Continue reading]
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]