Daily analysis - Stock Market, Bonds, Forex and more
posted 9.22 a.m. est Pre-open Wednesday 30th September There was a response from the Sellers above 1059 (red at top). Tuesday's Value Area was overlapping so again this is not Effective Selling. Tuesday's poc was at 1059 further validating … [Continue reading]
posted 9.25 a.m. est Pre-open Tuesday 29th September Monday's Value Area was higher but narrower and generated less volume. The 4wk poc migrated to 1059 so that is now First Level S/R. If ES prints time early in the session today above 1059 … [Continue reading]
posted 9.22 a.m. est Pre-open Monday 28th September Last week I marked two instances of Significant Buying and one of Significant Selling. Last week opened within the previous week's range, tested that week's high and closed below that … [Continue reading]
posted 9.25 a.m. est Pre-open Friday 25th September ES did struggle to print above 1062.5 early in the session and that implied weakness. The day session high was 1062 which was also just below the low of Wednesday's Value Area. And that's a … [Continue reading]
posted 7.50 a.m. est Pre-open Thursday 24th September Price probe above 1070 was rejected again on Wednesday followed by Aggressive Selling (red at bottom) in the p.m. Value Area was overlapping so this is not yet Effective … [Continue reading]
posted 9.29 a.m. est Pre-open Wednesday 23rd September On Tuesday Aggressive Buying activity (green at top) was marked. The Value Area was higher and same width as Monday, on increased Volume. Pre-open yesterday I suggested that ES might … [Continue reading]
webcast - charts to 18th September released for subscribers earlier in the week … [Continue reading]
posted 9.29 a.m. est Pre-open Tuesday 21st September Buyers Responded to a weak opening on Monday (green at bottom). The poc resistance at 1062.5 effectively contained the upside during the day session but overnight ES has traded as high as … [Continue reading]
posted 9.25 a.m. est Pre-open Monday 21st September I marked three instances of Significant Buying last week and one of Significant Selling. ES tested the 1070 level early in Thursday's session where it met with a Significant Response from the … [Continue reading]
posted 9.28 a.m. est Pre-open Friday 18th September On Thursday ES tested the previous day's Green at Top - up to just above 1070 (a resistance level mentioned pre-open yesterday) and Buyers Responded (red at top). That's the first time I've … [Continue reading]