Daily analysis - Stock Market, Bonds, Forex and more
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]
posted 3.45a.m. est from pre-open Wednesday 8th April >>Lower/overlapping value areas have been narrowing over the last three days and volume has been contracting - with no significant selling to mark. Looks like Buyers resting so far … [Continue reading]
posted 9.05a.m. est from pre-open comments Monday 6th April >> I think in both price and time the market is at a pivotal point; this is an ideal juncture for a bear market rally to start running out of steam. If the rally has more to it … [Continue reading]
webcast_6th_April … [Continue reading]
posted 9.25a.m. est from pre-open comments Monday 6th April >>Technical oscillators are getting overbought and sentiment indicators are suggesting levels of optimism that would be a problem if this is a bear market rally; in fact very … [Continue reading]