Daily analysis - Stock Market, Bonds, Forex and more
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]
posted 9.28 a.m. Pre-open Friday 27th November Over last nine trading days I only marked Significant Activity once signifying a lack of directional conviction. The public got very bullish earlier this week. The Rydex timers and the option … [Continue reading]
posted 4.40 a.m. est Pre-open Wednesday 25th November Tuesday a.m. high was 1105.5 right off the open. I suggested yesterday that if there was an early rejection from 1106 we could see ES close the gap and return to the 1089 poc but this … [Continue reading]
posted 9.29 a.m. est Pre-open Tuesday 24th November Another Monday gap higher. The Value Area was higher and taller and generated more volume for the day but less than the 10dyma of volume. No Significant Buying or Selling marked for seven … [Continue reading]