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We had a rejected test of the 3686 VAL and Significant Buying on Friday so I'm targeting 4015 if ES can hold 3906.5. … [Continue reading]
Daily analysis - Stock Market, Bonds, Forex and more
Posted on Written by bobd
We had a rejected test of the 3686 VAL and Significant Buying on Friday so I'm targeting 4015 if ES can hold 3906.5. … [Continue reading]
Posted on Written by bobd
I marked Significant Buying (green) on Friday, see previous notes highlighted on chart. Time at 4015 would be the next positive development in the ST. … [Continue reading]
Posted on Written by bobd
ES is now up from that test of the major VAL at 3686 (dashed line on chart). For now we have rejection rather than acceptance and that's encouraging for Bulls. Really don't want it printing back at that level. … [Continue reading]
Posted on Written by bobd
The major VAL at 3686 (dashed line on chart) has been tested but you really want to see a reaction here and some Significant Buyers (green) entering. The 3-week control is at 3773. Price printing time above that level would be a minor ST indication … [Continue reading]
Posted on Written by bobd
See Friday's note highlighted on chart. The major VAL at 3686 (dashed line) has been tested but you really want to see a reaction here and some Significant Buyers (green) entering. In the ST, there is a minor 14-day control at 3773. Price printing … [Continue reading]
Posted on Written by bobd
The major VAL at 3686 (dashed line) has now been tested but you really want to see a reaction here and some Significant Buyers (green) entering. … [Continue reading]
Posted on Written by bobd
On the 1st June the control migrated to 4147. Following that, Buyers were unable to keep ES above that level which was a negative, see chart. On the weekly timeframe the major VAL at 3686 has now been tested. That could lead to a bounce but so … [Continue reading]
Posted on Written by bobd
Following the sharp sell-off at the end of last week, ES tested the May low on Monday and has since printed its lowest level since January last year. Yesterday's low is a good level for a price low for this leg - below major VAL. Gut says buy it, … [Continue reading]
Posted on Written by bobd
Following the sharp sell-off at the end of last week, ES tested the May low on Monday and has printed its lowest level since March last year. No obvious local Support. … [Continue reading]
Posted on Written by bobd
Following the sharp sell-off at the end of last week, ES has today tested the May low and printed its lowest level since March last year. … [Continue reading]