Daily analysis - Stock Market, Bonds, Forex and more
posted 09.29a.m. est Pre-open Thursday 30th April >>ES has broken above the 872 level which has capped it three times. An acceleration up was expected based on recent price action. The next few days will answer important questions about … [Continue reading]
posted 9.18a.m. est from pre-open comment Wednesday 29th April >>Buyers responded on Tuesday, once again below 2dayVA - at first level support. Value Area was overlapping and narrower. For the last six days I have marked no significant … [Continue reading]
posted 4.35a.m. est pre-open comments Tuesday 28th April >>Pre-open ES trades around first level support at 841. Last twelve days have been in a range between the two bands shown on the chart (872 & 830) which represent major pocs. … [Continue reading]
posted 7.50a.m. est from pre-open comment Monday 27th April >>First level support is 841 going into today's session. Pre-open ES has traded down to the 1/2Range at 847.5. Based on the dominance of the Buyers at the moment and the … [Continue reading]
webcast 27th April … [Continue reading]
posted 9.15a.m. est from pre-open comment Friday 25th April >>To remain bullish in the longframe I need to see ES continuing to print Value Areas above 830 which it has done for 10 days now. ES tested down to this major level on Thursday … [Continue reading]
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]