Daily analysis - Stock Market, Bonds, Forex and more
posted 9.28 a.m. est Pre-open Thursday 1st April ES made its low on Wednesday on the First Level S/R 1161.50 and rallied. That's a sign of ST strength. Wednesday's Value Area was overlapping, once again, building value with 1168 developing as … [Continue reading]
webcast - charts to 26th March released for subscribers earlier in the week … [Continue reading]
posted 9.25 a.m. est Pre-open Wednesday 31st March Tuesday's Value Area was wider but overlapping Monday's. Volume was up but well below average. ES is consolidating in a range with 1168 being the attractive price. This is a market waiting … [Continue reading]
posted 9.18 a.m. est Pre-open Tuesday 30th March Price around 1170 was resistance yesterday as anticipated. Buyers have now rested for four days at these higher levels looking for a response from the Sellers and so far there has been none. … [Continue reading]
posted 9.27 a.m. est Pre-open Monday 29th March Last week I marked Significant Buying three times. There was no Significant Selling. The poc at 1161.50 was developed further so this is still the obvious First Level S/R at the start of this … [Continue reading]
posted 7.20 a.m. est Pre-open Friday 26th March Note: yesterday's graphic was incorrectly dated, apologies. On the index charts yesterday's bar looks like a bearish reversal day but on the profile you can see that the Value Area was higher … [Continue reading]
posted 9 a.m. est Pre-open Thursday 25th March from webcast: "there is potential resistance up around 1171" 1161.50 did indeed provide support yesterday - that was the low. ES did not test the previous day's high but looks as though it will … [Continue reading]
webcast - charts to 19th February released for subscribers earlier in the week Transcript of Webcast below: Looking first at the emini S&P future. We had some Significant Selling which I marked here, Responsive Selling on Friday which … [Continue reading]
posted 9.29 a.m. est Pre-open Wednesday 24th March There was a new high on Tuesday with ES stalling around the 1171 level I mentioned in the webcast. Overnight ES has printed as low as 1162, just above First Level S/R at 1161.50. Aggressive … [Continue reading]
I said earlier today that >>My version of the Rydex Assets Ratio was up from 3.4 to 3.6<< that was incorrect. Those numbers actually belong to my version of the Rydex ND100 assets ratio. My Version of the Rydex Assets Ratio … [Continue reading]