Daily analysis - Stock Market, Bonds, Forex and more
posted 8.10a.m. est from pre-open comment Thursday 28th May >>.... Tuesday's Buying was Effective (higher, wider value area and more volume) and Wednesday's Selling was ineffective (overlapping value area and less volume). For that reason … [Continue reading]
posted 7.45a.m. est from pre-open comments Wednesday 27th May >>Green at top strongly indicates that Tuesday's high (911) will be exceeded during Wednesday's day session. Through May, ES has been in a clear range between 876 and 928. A … [Continue reading]
posted 8.55a.m. est from pre-open comment Thursday 21st May >>Longframe: The early May time pivot where I anticipated a turn for the market is still looking like a good call - so far. My best guess at the moment though is that we’ll see … [Continue reading]
posted 7.25a.m. est from pre-open comment Thursday 21st May >>Longframe: The early May time pivot where I anticipated a turn for the market is still looking like a good call - so far. My best guess at the moment though is that we'll see … [Continue reading]
posted 9.29a.m. est from pre-open comment Thursday 21st May >>Dayframe: First Level S/R is 911.5. I'm not interested in longs below that level and for now I'm not interested in short side until we see Effective Selling below 872. We're … [Continue reading]
posted 7.45a.m. est from pre-open comment Tuesday 19th May >>....a higher low above a major poc (872) can be a powerful pattern. ES found support just above this level. The 1/2Range since the high on 7th May is 902. This halfway point … [Continue reading]
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]