Daily analysis - Stock Market, Bonds, Forex and more
posted 9.30 a.m. est Pre-open Monday 14th September Last week I marked two instance of Significant Buying and the Significant Sellers were absent. That's six consecutive up days (higher highs, higher lows) from the low on 2nd Sept. First … [Continue reading]
posted 9.28 a.m. est Pre-open Friday 11th September On Thursday ES found support at 1027.5 - above the poc support mentioned pre-open. Aggressive Buyers were active again (green at top) generating an overlapping/higher, wider Value Area on … [Continue reading]
posted 9.29 a.m. est Pre-open Friday 11th September On Thursday ES found support at 1027.5 - above the poc support mentioned pre-open. Aggressive Buyers were active again (green at top) generating an overlapping/higher, wider Value Area on … [Continue reading]
Why stock traders should watch Forex charts … [Continue reading]
posted 5a.m. est Pre-open Thursday 10th September On Wednesday ES traded above 1028 (where the Sellers Responded on 1st Sept). The Value Area was higher and wider and generated more volume. Also the last two value areas have been above 1015, … [Continue reading]
webcast - charts to 4th September released for subscribers earlier in the week … [Continue reading]
posted 9.29 a.m. est Pre-open Wednesday 9th September Tuesday's Value Area was higher but very narrow generating less volume. The negative is that a narrow day like this does not indicate trade is being facilitated higher. The positive is … [Continue reading]
posted 9.29 a.m. est Pre-open Tuesday 8th September Sellers were unable to auction ES convincingly below 994.5 last week. The poc support held which was the first test of Selling strength. Last week I marked two instances of Significant … [Continue reading]
posted 9.29 a.m. est Pre-open Friday 4th September Thursday's Value Area overlapped Wednesday's and there has been no Significant Buying or Selling to mark for two days, both of which were on declining volume. This looks like Sellers Resting - … [Continue reading]
posted 9.27 a.m. est Pre-open Thursday 3rd September The poc at 994.5 developed over seven weeks so it's significant. It's the level where most market participants have found a fair price or "value" over that time period. Over the last … [Continue reading]