Daily analysis - Stock Market, Bonds, Forex and more
posted 4.35a.m. est pre-open comments Tuesday 28th April >>Pre-open ES trades around first level support at 841. Last twelve days have been in a range between the two bands shown on the chart (872 & 830) which represent major pocs. … [Continue reading]
posted 7.50a.m. est from pre-open comment Monday 27th April >>First level support is 841 going into today's session. Pre-open ES has traded down to the 1/2Range at 847.5. Based on the dominance of the Buyers at the moment and the … [Continue reading]
webcast 27th April … [Continue reading]
posted 9.15a.m. est from pre-open comment Friday 25th April >>To remain bullish in the longframe I need to see ES continuing to print Value Areas above 830 which it has done for 10 days now. ES tested down to this major level on Thursday … [Continue reading]
posted 10.10a.m. est pre-open comments Thursday 23rd April. >>Based on recent imbalances marked, I will assume that Buyers are in control and therefore expect support to hold (rather than resistance). 1/2Range at 847.5 (Friday High to … [Continue reading]
posted 9.27a.m. est From pre-open comment Wednesday 22nd April When Aggressive Buying (green at top) is marked, the high of that day will be tested the following day, 70% of the time. Therefore we should expect Tuesday's high at 848.75 to be … [Continue reading]
posted 09.24a.m. est from pre-open Tuesday 21st April >>If Buyers remain in control I would expect them to respond quickly and auction price back above 830. If they fail to do so it will be a big clue that control is shifting to the … [Continue reading]
webcast 20th April … [Continue reading]
posted 9.22a.m. est from pre-open comment Monday 20th April >>The day following three consecutive days of active buyers usually sees buyers resting giving sellers the opportunity to appear (e.g. Tue0414). For Monday the bottom of 2dayVA … [Continue reading]
posted 9.18a.m. est from comment Friday 17th April >>We should anticipate a test of yesterday's high. This will happen 70% of the time on a day following green at top. We now approach the major ES level of 872. This may be a … [Continue reading]