Daily analysis - Stock Market, Bonds, Forex and more
posted 9.24 a.m. est Pre-open Tuesday 10th November Buyers were active (green-at-top) on Monday and the Value Area was higher and wider (taller) than Friday's which indicates this was Effective Buying. As you know 80% of the time a green-at-top … [Continue reading]
posted 9.29 a.m. est Pre-open Monday 9th November Last week I marked three instances of Significant Buying and no Significant Selling. Last week's price action indicates nothing more than a Response from the Buyers bringing ES back to value … [Continue reading]
posted 9.29 a.m. est Pre-open Friday 6th November On Thursday ES spent very little time after the open below 1052.5. Sellers did not respond early and as I suggested yesterday (see above) that would likely mean that Buyers would be marked, … [Continue reading]
posted 9.30 a.m. est Pre-open Thursday 5th November All previous comments reproduced here are relevant. 1038.50 remains First Level S/R. Overnight ES probed down to that level (1039) and rallied, currently pre-open testing Wednesday's poc at … [Continue reading]
posted 9.20 a.m. est Pre-open Wednesday 4th November Tuesday was an inside day with a narrower, overlapping Value Area. The day session high was 1043, just below the top of the previous 2days summated Value Area which I suggested might limit … [Continue reading]
webcast - charts to 30th October released for subscribers earlier in the week … [Continue reading]
posted 9.29 a.m. est Pre-open Tuesday 3rd November Monday's Value Area was overlapping/lower and narrower on reduced volume. There was no Significant Buying or Selling marked. The early rally failed at the first resistance reached which was … [Continue reading]
posted 9.28 a.m. est Pre-open Monday 2nd November Last week I marked one instance of Significant Buying and two of Significant Selling. There were two obvious resistance levels highlighted as important last week which represented tests of … [Continue reading]
posted 9.29.a.m. est Pre-open Friday 30th October Wednesday's red-at-bottom low was not tested during Thursday's day session, (4 out of 5 get tested the following day). Also it is very rare to see a day of Effective Buying immediately … [Continue reading]
posted 9.29 a.m. est Pre-open Thursday 29th October Early in Wednesday's session ES failed to even probe back into Tuesday's Value Area and spent the rest of the session heading lower. Aggressive Selling was marked and the Value Area was lower … [Continue reading]