Daily analysis - Stock Market, Bonds, Forex and more
posted 9.20a.m. est from pre-open comment Thursday 9th April >>Control may be shifting in the dayframe away from the buyers but until we see effective sellers emerge there is no convincing evidence. I repeat - In the longframe bulls would … [Continue reading]
posted 3.45a.m. est from pre-open Wednesday 8th April >>Lower/overlapping value areas have been narrowing over the last three days and volume has been contracting - with no significant selling to mark. Looks like Buyers resting so far … [Continue reading]
posted 9.05a.m. est from pre-open comments Monday 6th April >> I think in both price and time the market is at a pivotal point; this is an ideal juncture for a bear market rally to start running out of steam. If the rally has more to it … [Continue reading]
webcast_6th_April … [Continue reading]
posted 9.25a.m. est from pre-open comments Monday 6th April >>Technical oscillators are getting overbought and sentiment indicators are suggesting levels of optimism that would be a problem if this is a bear market rally; in fact very … [Continue reading]
Label on the graphic today read: >>803 is the major controlling price. Consolidation above this level indicates higher.<< should be: 830 is the major controlling price. Consolidation above this level indicates higher. … [Continue reading]
from pre-open comments Friday 3rd April >>Thursday's VA was above 830, which is now the major controlling price for this contract. That is bullish if 830 holds. I'm also seeing strong price location now on the weekly charts with indices … [Continue reading]
As of Tuesday 31st March, SP500 Commercials were 10,000 net contracts more short than they were a week before. … [Continue reading]
posted 8.50a.m. est from pre-open comment Thursday 2nd April >>Buyers still in control. Pre open, ES has traded higher, probing the major resistance level at 830 as we saw a week ago. If 830 is accepted rather than rejected this time then … [Continue reading]
