Daily analysis - Stock Market, Bonds, Forex and more
posted 5.30a.m. est from analysis Tuesday 31st March >>Typically at a change of trend from up to down I will record responsive selling (red at top) before the down trend begins. We have not seen that yet. Much safer for bears to wait for … [Continue reading]
posted 10.45a.m. est from pre-open analysis Monday 30th March >>ES is likely to open below the low of last week's value area (803.5). If buyers are dominant I would expect them to take this as an opportunity and quickly respond. If that … [Continue reading]
webcast 30th March … [Continue reading]
posted 8.50a.m. est from pre-open analysis Friday 27th March >>..green at the top indicates aggressive buying and it is unusual to see an up auction with green at the high. Usually these get tested and the odds suggest that Thursday's high … [Continue reading]
SP500 Commitments of Trdaers Data released 27th March Commercials increase their net short position. Large Traders are back to being net long. Small Traders are a lot less net long. This is mixed but Smart Money is not yet "buying the … [Continue reading]
posted 09.28 a.m. EST pre-open analysis Thursday 26th March >>Sellers may well respond again at 830 or just above should we reach that level this week. If that is going to happen I would expect Tuesday's poc around 810 to limit the … [Continue reading]
posted 9.28 EST from pre-open analysis Wednesday 25th March >>I'm thinking we'll see a test of Monday's high but I'd want to see ES hold above 801 or test below it and recover quickly. Building value below 801 would make that high test … [Continue reading]
posted 5.10 a.m. est from analysis Tuesday 24th March >>until we see effective sellers responding I will assume buyers are in control and eliminate the short side<< Sellers closed the session below the a.m. range but the value area … [Continue reading]
posted 9.45a.m. EST from pre-open analysis Monday 23rd March >>Thursday and Friday saw active sellers, but on both days volume was lower than the previous day and the sellers only managed, in two days, to retrace one day (Wednesday) of … [Continue reading]
posted 9.00a.m. EST from pre-open analysis Friday 20th March >>We need to know if this response from the sellers is a forced response (because buyers are resting) or if a shift in control of the dayframe is actually taking place. If it's the … [Continue reading]