Daily analysis - Stock Market, Bonds, Forex and more
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]
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]