Daily analysis - Stock Market, Bonds, Forex and more
posted 9.28 a.m. est Pre-open Thursday 29th July I marked Aggressive Selling on Wednesday (red-at-bottom). As I never fade the last imbalance this means I cannot now initiate new longs. Stats suggest there's a strong chance that Wednesday's … [Continue reading]
posted 9.29 a.m. est Pre-open Wednesday 28th July In the webcast this week I showed the three month price distribution chart for ES. The Value Area Low came in at 1052 and the Value Area High came in at 1114. Obviously the range of the Value … [Continue reading]
webcast 26th July … [Continue reading]
posted 9.28 a.m. est Pre-open Tuesday 27th July Significant Buyers were marked again on Monday, Aggressively auctioning ES higher. Pre-open today ES has been as high as 118.75. First Level support is Mondays poc at 1108. ST Sentiment: My … [Continue reading]
posted 9.15 a.m. est Pre-open Monday 26th July Last week I marked three instances of Significant Buying and one of Significant Selling. On Tuesday there was a probe of the 3month Value Area Low which met with Responsive Buying. Buyers were … [Continue reading]
posted 9.28 a.m. est Pre-open Friday 23rd July Thursday's session generated a higher, narrower Value Area on reduced (and below average) volume. Once again the high of the day was a probe into the major poc at 1094. Pre-open today there has … [Continue reading]
posted 9.29 a.m. est Pre-open Thursday 22nd July Responsive Sellers were marked on Wednesday. Both the Significant Buyers and Sellers are active at the moment, see chart, this often happens at the centre of a distribution. I have noted that … [Continue reading]
posted 9.29 a.m. est Pre-open Wednesday 21st July A probe down into the support zone 1050/1051 (mentioned pre-open Monday) found a Response from the Buyers (green-at-bottom). In fact about an hour before open yesterday there was a price probe … [Continue reading]
webcast 19th July … [Continue reading]
posted 9.25 a.m. est Pre-open Tuesday 20th July Yesterday I suggested ES would quite likely probe down to potential support at 1050/1051 (see highlighted above). Pre-open low is 1050.75. Dayframe: ES printing below 1050 puts it in a ST … [Continue reading]