Daily analysis - Stock Market, Bonds, Forex and more
posted Saturday 28th August Pre-open Monday 30th August There was an obvious Response from the Buyers last week - as anticipated at the start of the week. I marked four instances of Significant Buying (green) and one instance of Significant … [Continue reading]
posted 9.29 a.m. est Pre-open Friday 27th August Yesterday's highlighted comments in graphic are relevant. dayframe: First Level S/R today is 1049.25 (1/2R off Wednesday's low). Pre-open ES has found resistance here. LT Sentiment: Bears … [Continue reading]
released for subscribers earlier in the week webcast 24th August … [Continue reading]
webcast 24th August … [Continue reading]
posted 9.25 a.m. est Pre-open Thursday 26th August Longframe: Long positions still eliminated for me. Dayframe: The last imbalance is now Buying (green) and that eliminates new short trades for me. However until ES manages to print some … [Continue reading]
posted 9.25 a.m. est Pre-open Wednesday 25th August Early in Tuesday's session I had hopes that by the close I would be marking Significant Buying but in fact the close was to weak to allow that. The last imbalance remains Responsive Selling … [Continue reading]
posted 9.27 a.m. est Pre-open Tuesday 24th August see yesterday's comments highlighted above. ES spent just enough time at 1073 on Monday for the minor poc (August) to migrate lower to this level. As I wrote yesterday "this would most … [Continue reading]
posted 9.29 a.m. est Pre-open Monday 23rd August Longframe: The Chartprofit Market timing system remained negative for the sixteenth consecutive week. The market is most likely in ranging mode. Sentiment indicators are mostly unhelpful at … [Continue reading]
posted 9.27 a.m. est Pre-open Friday 20th August See yesterday's highlighted comments. ES spent most time yesterday close to the 3mth poc at 1073. Overnight ES has been as low as 1063.50. A Value Area printed below 1073 would indicate … [Continue reading]
posted 9.26 a.m. est Pre-open Thursday 19th August 1126.25 is the 1/2 Bear Market level for ES continuous chart. This has proved resistance in June and August (see chart). In the webcast on Monday 9th I showed the Value Area of the ES … [Continue reading]