Daily analysis - Stock Market, Bonds, Forex and more
posted 9.23 a.m. est Pre-open Friday 15th October ES low on Thursday came in at the First Level S/R - see above. If ES can hold above today's First Level S/R at 1172.50 early in the session we may well see another week finishing with … [Continue reading]
posted 9.28 a.m. est Pre-open Thursday 14th October ES opened and drove higher to its highest level since May 5th with no markable response from the Sellers. First Level S/R today = 1163 (5daypoc). Lower support at 1155.5 … [Continue reading]
posted 9.25 a.m. est Pre-open Wedesday 13th October An early probe below Tuesday's First Level S/R at 1155.50 was rejected as Buyers Responded again (green-at-bottom). Aggressive Buying (green-at-top) was also marked. Value Area was wider … [Continue reading]
webcast 12th October … [Continue reading]
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]