Daily analysis - Stock Market, Bonds, Forex and more
posted 9.42a.m. est from pre-open comment Thursday 16th April >>The last four value areas have printed above 830 which I said more than a week ago would be a bullish development so there is the possibility of a fast move higher here which … [Continue reading]
posted 9.12a.m. est from pre-open comment Wednesday 15th April >>I made the comment after the 26th March and 3rd April that it is unusual to see agressive buying on the high day of a rally (green at top). Both these potential high days … [Continue reading]
posted 3.30a.m. est from pre-open comments Tuesday 14th April >>We await a response from the sellers - Monday was the fifteenth consecutive trading day since I marked significant selling. Significant Buyers were active again on Monday … [Continue reading]
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]