Daily analysis - Stock Market, Bonds, Forex and more
posted 9.25 a.m. est Pre-open Thursday 18th February Wednesday generated a very narrow Value Area and very low volume (22 day low). That's two consecutive days of narrower Value Areas and less volume so this is not obviously facilitating price … [Continue reading]
posted 8.58 a.m. est Pre-open Wednesday 17th February Tuesday's high was 1094 - right at the poc resistance but it came late in the day and there has been no response from the Sellers. Aggressive Buying (green-at-top) was marked although this … [Continue reading]
webcast - charts to 12th February released for subscribers earlier in the week … [Continue reading]
posted 8.48 a.m. est Pre-open Tuesday 16th February Last week I marked two instances of Significant Buying and no Significant Selling. The market is attempting to rally from oversold levels but day-to-day Value Areas were overlapping last week … [Continue reading]
posted 9.20 a.m. est Pre-open Friday 12th February The bias of the weekly Market Timing Chart is negative (see ebook) but in the dayframe analysis Significant Buying was marked on Thursday which often indicates higher in the short term. These … [Continue reading]
posted 9.25 a.m. est Pre-open Thursday 11th February I had a hunch at the start of the week that 1064 would become the attractive price and that has been the case. The five day poc has emerged at that price but there's not been quite enough … [Continue reading]
webcast - charts to 5th February released for subscribers earlier in the week … [Continue reading]
posted 6.45 a.m. est Pre-open Wednesday 10th February ES has been printing in the area most likely to cause the poc to migrate lower (around 1064) which would be a significant development but has not yet occurred. ST sentiment indicators: … [Continue reading]
posted 8.10 a.m. est Pre-open Tuesday 9th February Monday's Value Area was overlapping/higher but narrower than Friday's and generated less volume. Overnight ES printed as high as 1067 which is 3dayHVA (high of the summated Value Area for last … [Continue reading]
posted 9.20 a.m. est Pre-open Monday 8th February Last week I marked one instance of Significant Buying and one instance of Significant Selling. The low on Friday was 1040.75 which emphasises the importance of the 1094 poc. 1094 is now also … [Continue reading]