Daily analysis - Stock Market, Bonds, Forex and more
posted 6.50 a.m. est Pre-open Thursday 10th June Little change in the comment pre-open today. Worth noting that the centre of Wednesday's price action was 1064/65 - see Tuesday's comment. Dayframe: First Level Resistance today is the 1082 … [Continue reading]
posted 9.17 a.m. est Pre-open Wednesday 9th June Lower, wider Value Area on increased volume on Tuesday but a decent bounce in the pm. closing near the high of the day. Longframe: CP Mkt Timing system negative. Last marked imbalance was … [Continue reading]
webcast 8th June … [Continue reading]
posted 9.22 a.m. est Pre-open Tuesday 8th June Significant Sellers were marked again on Monday. The Value Area was overlapping/lower, narrower and generated less volume so this was not Effective Selling as ES auctioned below the low (1070) of … [Continue reading]
posted 9.23 a.m. est Pre-open Monday 7th June Longframe: The CP Market Timing System was negative for the fifth consecutive week. Note that Friday's weak close meant that last week's structure was back to the bearish pattern of relative … [Continue reading]
posted 3.30 a.m. est Pre-open Thursday 3rd June Tuesday's low was not tested on Wednesday (8 out of 10 times a red-at-bottom low is tested the following day). This lack of follow-through was also seen late last week when the Buyers failed to … [Continue reading]
webcast 1st June … [Continue reading]
posted 9.30 a.m. est Pre-open Wednesday 2nd June All previous comments (highlighted on graphic) are relevant. Significant Selling marked again on Tuesday (red-at-bottom). Odds are that Tuesday's low (1068.50) will be tested today. 1082 … [Continue reading]
posted 8.20 a.m. est Pre-open Tuesday 1st June Price action on Thursday and Friday was centred close to 1094, the Major poc. Note also that the 25day poc at 1082 supported the price action. Following Significant Selling on Friday that level … [Continue reading]
posted 9.15 a.m. est Pre-open Friday 28th May In the a.m. on Thursday 1094 was intraday resistance and in the p.m. it was support. This is an indication of ST strength. Pre-open today ES has printed as high as 1106.75. Bulls would want to … [Continue reading]