Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open Friday 10th July Wednesday's Value Area was lower and wider on increased volume. Thursday's Value Area was higher and narrower on decreased volume. That is not usually a positive indication. The last imbalance … [Continue reading]
posted 9.29 a.m. Pre-open Thursday 9th July Wednesday's Value Area was lower and wider on increased volume. The major poc support at 870 was tested and recovered. Low on SPY was exactly 87.0 The odds would suggest that this week's SP500 … [Continue reading]
posted 9.13 a.m. est Pre-open Wednesday 8th July The break below Monday's controlling price just below 890 early in Tuesday's session indicated weakness and the direction for the rest of the day. My numbers had suggested that Monday's high … [Continue reading]
webcast 3rd July … [Continue reading]
posted 9.08 a.m. est Pre-open Tuesday 7th July Longframe: Significant Buyers were active on Monday but the Value Area was lower so this is not Effective Buying. This is more likely Sellers Resting forcing a response from the Buyers. As of … [Continue reading]
posted 9.20 a.m. Pre-open Monday 6th July 907.25 was the day session high on Thursday, just below the First Level S/R at 907.5 Last week I marked two instances of Significant Selling and no Significant Buying. Pre-open today (Monday) ES / … [Continue reading]
posted 9.26 a.m. est Pre-open Thursday 2nd July from pre-open comment Friday 26th Jun >>It will now be very interesting to see how the Sellers Respond to this latest appearance by the Buyers. Personally I will be struggling to obey my … [Continue reading]
posted 7.25 a.m. est Pre-open Wednesday 1st July 926.25 was the early high on Tuesday and brought a response from the Significant Sellers (red at top). After a sharp decline ES found support just above 907.5 which has been the dayframe … [Continue reading]
webcast 26th June … [Continue reading]
posted 8.40a.m. est Pre-open Tuesday 30th June ES spent most of Monday's session in a very tight range centred around 922.5 Volume was very low. 918.6 is the 1/2Range off the June high. This is First Level S/R for Tuesday. All comments … [Continue reading]