Daily analysis - Stock Market, Bonds, Forex and more
posted 10.10a.m. est pre-open comments Thursday 23rd April. >>Based on recent imbalances marked, I will assume that Buyers are in control and therefore expect support to hold (rather than resistance). 1/2Range at 847.5 (Friday High to … [Continue reading]
posted 9.27a.m. est From pre-open comment Wednesday 22nd April When Aggressive Buying (green at top) is marked, the high of that day will be tested the following day, 70% of the time. Therefore we should expect Tuesday's high at 848.75 to be … [Continue reading]
posted 09.24a.m. est from pre-open Tuesday 21st April >>If Buyers remain in control I would expect them to respond quickly and auction price back above 830. If they fail to do so it will be a big clue that control is shifting to the … [Continue reading]
webcast 20th April … [Continue reading]
posted 9.22a.m. est from pre-open comment Monday 20th April >>The day following three consecutive days of active buyers usually sees buyers resting giving sellers the opportunity to appear (e.g. Tue0414). For Monday the bottom of 2dayVA … [Continue reading]
posted 9.18a.m. est from comment Friday 17th April >>We should anticipate a test of yesterday's high. This will happen 70% of the time on a day following green at top. We now approach the major ES level of 872. This may be a … [Continue reading]
posted 9.42a.m. est from pre-open comment Thursday 16th April >>The last four value areas have printed above 830 which I said more than a week ago would be a bullish development so there is the possibility of a fast move higher here which … [Continue reading]
posted 9.12a.m. est from pre-open comment Wednesday 15th April >>I made the comment after the 26th March and 3rd April that it is unusual to see agressive buying on the high day of a rally (green at top). Both these potential high days … [Continue reading]
posted 3.30a.m. est from pre-open comments Tuesday 14th April >>We await a response from the sellers - Monday was the fifteenth consecutive trading day since I marked significant selling. Significant Buyers were active again on Monday … [Continue reading]
posted 9.20a.m. est from pre-open comment Thursday 9th April >>Control may be shifting in the dayframe away from the buyers but until we see effective sellers emerge there is no convincing evidence. I repeat - In the longframe bulls would … [Continue reading]