Daily analysis - Stock Market, Bonds, Forex and more
posted 9.30a.m. est Pre-open Friday 19th June SPX just had four consecutive days of lower lows and lower highs and so a bounce was due. A week that sees weakness early and strength late is not bearish structure. Maybe bears will have to … [Continue reading]
posted 4.40a.m. est from pre-open comment Wednesday 17th June >>In the longframe I'm confident that the trend has changed to down for the reasons given in the webcast this week including; 91day count March low to June high, excessive public … [Continue reading]
posted 9.28a.m. est Pre-open Wednesday 17th June In the longframe I'm confident that the trend has changed to down for the reasons given in the webcast this week including; 91day count March low to June high, excessive public bullishness, … [Continue reading]
webcast 12th June … [Continue reading]
posted 9.25a.m. est from pre-open comment Monday 15th June >>Since the market opened at a higher level on Monday June 1st neither Buyers nor Sellers have been dominant enough to auction ES away from 941, which is the centre of the price … [Continue reading]
from pre-open comment today >>Since the market opened at a higher level on Monday June 1st neither Buyers nor Sellers have been dominant enough to auction ES away from 941, which is the centre of the price range from that point. Average volume … [Continue reading]
posted 9.28a.m. est from pre-open comment Wednesday 10th June >>As long as ES holds above 941, higher prices are likely in the short term with 970 or just above as a target. Effective Selling below 941 would suggest a shift in control to … [Continue reading]
posted 9.28a.m. est from pre-open comment Wednesday 10th June >>As long as ES holds above 941, higher prices are likely in the short term with 970 or just above as a target. Effective Selling below 941 would suggest a shift in control to … [Continue reading]
posted 9.24a.m. est from pre-open comment Wednesday 10th June >>More than a week ago I anticipated that 941 would attract time - see top of this column. Yesterday's price action confirmed that. Over the last six days ES has spent more … [Continue reading]
posted 9.20a.m. est from pre-open comment Tuesday 2nd June >>ES spent most time printing 941 on Monday and that level may continue to be attractive.<< from pre-open comment Monday 8th June >>Selling so far has been … [Continue reading]