Daily analysis - Stock Market, Bonds, Forex and more
posted 9.28a.m. est Pre-open Monday 18th May >>Last week I marked two instances of Significant Selling and one of Significant Buying and that's the first time there's been a weekly Selling imbalance since week-ending 6th March.....I'm … [Continue reading]
webcast 18th May … [Continue reading]
posted 9.47a.m. est from pre-open Friday 15th May >>Significant Responsive Buyers were marked (Green at bottom). Green at Bottom sets up a useful reference point in a rally. Since the March low there has been six previous days when Green … [Continue reading]
posted 9.20a.m. est from pre-open comments Thursday 14th May >>..There's major support at 872 and I'd be looking for Significant, Effective Selling below that level to confirm a new down trend. Until a new trend is confirmed I will assume … [Continue reading]
posted 7.35a.m. est from pre-open comment Wednesday 13th May >>Tuesday's Value Area was lower and wider on increased volume so bulls need to be cautious even though there was no Significant Selling marked. If 911.5 becomes support at some … [Continue reading]
posted 6.05a.m. est >>from pre-open comment Tuesday 12th May If 914 becomes support at some point (maybe today) we'll most likely see a new high this week. I would not consider the long side if ES prints below that level and I'm not … [Continue reading]
webcast 11th May … [Continue reading]
posted 9.16a.m. est from pre-open comment Monday 11th May >>In the dayframe we are still waiting for an Effective response from the Sellers so Buyers remain in control for now......Bears need to see the Significant Sellers responding more … [Continue reading]
posted 9.24a.m. est from pre-open comments Friday 8th May >>The odds indicate that on a day following a day with red at top, there is a 70% chance that the previous day's low (898) will be broken. That is a stat worth remembering if ES … [Continue reading]
posted 9.23a.m. est from pre-open comment Thursday 7th May >>Market is very overbought. 14day RSI above 70 now for a number of major charts and VIX closed lower still. We're pushing the time pivot window here. Dayframe we have to expect … [Continue reading]