Daily analysis - Stock Market, Bonds, Forex and more
overnight rally extended after open today up to the minor 1/2R consolidation above 1/2R would put ES in a stronger price location from Pre-open Today I will most lkely not be able to produce the Market Profile chart today. Yesterday's … [Continue reading]
webcast 17th November … [Continue reading]
posted 8.32 a.m. est Pre-open comment Wednesday 17th November I haven't marked Significant Buying for nine days now and that's quite a change. Sellers are in charge for now. Significant development: The 4month poc migrated higher to 1178 on … [Continue reading]
posted 9.20 a.m. est Pre-open comment Tuesday 16th November Early in Monday's session First Level Support at 1197.5 held good for a morning rally which was retraced later in the day as ES closed near the low of the session at Friday's poc. … [Continue reading]
posted 9.28 a.m. est Pre-open Monday 15th November Friday's high was just below First Level Resistance (1210). The last three trading sessions have found resistance at, or below, the previous day's poc. I marked Aggressive Selling … [Continue reading]
posted 9.28 a.m. est Pre-open Friday 12th November Wednesday and Thursday sessions were spent mostly working higher from weaker openings but the Value Areas were lower/overlapping. That is not normally bullish in the ST. Overnight ES has been … [Continue reading]
posted 9.27 a.m. est Pre-open Thursday 11th November After an early probe lower ES spent most of the session rallying. Even so, the Value Area was overlapping/lower. The cumulative poc of this higher range is still 1218 and that remains … [Continue reading]
posted 9.26 a.m. est Pre-open Wednesday 10th November Tuesday saw Sellers Responding (red-at-top) as ES tested last week's high early in the session. Previous Responsive Selling tails (around 1190) were negated by subsequent Aggressive Buying … [Continue reading]
webcast 9th November … [Continue reading]
posted 9.29 a.m. Pre-open Tuesday 9th November Three days of consolidation at higher level with poc at 1218. No Buying Imbalances marked - Responsive Sellers have had an opportunity here which they have not yet taken. First Level S/R: 1218 … [Continue reading]