Daily analysis - Stock Market, Bonds, Forex and more
posted 9.25 a.m. est Pre-open Thursday 29th April Wednesday's Value Area was overlapping/lower and narrower. Volume was less than Tuesday but still well above the 20dy average. Dayframe: If ES is going higher in the ST then the 1/2R from … [Continue reading]
webcast - charts to 26th April released for subscribers earlier in the week … [Continue reading]
posted 9.28 a.m. est Pre-open Wednesday 28th April Tuesday's Value Area was lower and wider and volume was high. I marked Significant Selling for the first time in nearly six weeks. Initially there was support at 1183.50 but later in the day … [Continue reading]
posted 9.26 a.m. est Pre-open Tuesday 27th April Monday's Value Area was higher and narrower generating less volume. ES looks set to open below 1205 - I'll be interested to see if ES can recover this level quickly or if it becomes … [Continue reading]
posted 9.22 a.m. est Pre-open Monday 26th April Last week I marked Significant Buying six times and no Significant Selling. The Buyers continue to dominate; e.g. on Thursday they responded aggressively when price tested 1186.50, which was the … [Continue reading]
posted 9.30 a.m. est Pre-open Friday 23rd April On Thursday Significant Buyers Responded (green-at-bottom) above 1183.50 and Aggressively auctioned ES higher (green-at-top) to test First Level Resistance at 1204. Since 9th April this chart … [Continue reading]
posted 8.15 a.m. est Pre-open Thursday 22nd April Very interesting session on Wednesday. The low was exactly on yesterday's First Level S/R at 1195 (dotted). However, during the session the minor poc (10day) migrated higher to 1204 and … [Continue reading]
posted 9.25 a.m. est Pre-open Wednesday 21st April Tuesday's Value Area was higher and narrow generating less volume. The 9day poc has settled at 1195 which is also exactly 1/2R from last Thursday's high and is therefore First Level S/R … [Continue reading]
posted 9.28 a.m. est Pre-open Tuesday 20th April I marked Significant Buyers twice on Monday, Responding (green-at-bottom) to a probe below the 15day poc at 1183.50 and later in the day Aggressively (green-at-top) auctioning ES to a strong … [Continue reading]
posted 9.27 a.m. est Pre-open Monday 19th April From last week's ebook "let's assume higher until price gives us an indication of weakness. Marking Significant Sellers on the ES profile below 1183.50 would be a start." 1183.50 is now the … [Continue reading]