Daily analysis - Stock Market, Bonds, Forex and more
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]
posted 9.28 a.m. est Pre-open Friday 5th February The green-at-top Buying Imbalance on Tuesday was obviously a misleading sign of strength in the dayframe but obeying my rule I had to wait for a red Selling Imbalance which which have now seen. … [Continue reading]
webcast - charts to 29th January released for subscribers earlier in the week … [Continue reading]
posted 9.19 a.m. est Pre-open Thursday 4th February No follow through from the Buyers on Wednesday. The Value Area was narrower (within Tuesday's) and volume contracted - typical of a market printing close to a major poc (1094). In fact … [Continue reading]
posted 9.27 a.m. est Pre-open Wednesday 3rd February Significant Buying was marked on Tuesday. This was more strength than I expected to see. There was no Response from the Sellers above 1096 (the high of six days value) and all of Tuesday's … [Continue reading]
posted 8.10 a.m. est Pre-open Tuesday 2nd February Monday generated another overlapping Value Area - very narrow on much reduced volume. The last four days have ranged between 1094 resistance and 1065 support. 1096 is the high of the 6day … [Continue reading]
posted 9.22 a.m. est Pre-open Monday 1st February Highlighted previous comments are relavant. Last week I marked two instances of Significant Selling and no Significant Buying. The week finished with Aggressive Selling (red-at-bottom) which … [Continue reading]
posted 9.27 a.m. est Pre-open Friday 29th January Thursday: Price opened just above the minor poc at 1096.5 (red dashed line) and was immediately rejected. Responsive Sellers (red-at-top) quickly autioned ES lower. This validates the area of … [Continue reading]
