Daily analysis - Stock Market, Bonds, Forex and more
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]
Label on the graphic today read: >>803 is the major controlling price. Consolidation above this level indicates higher.<< should be: 830 is the major controlling price. Consolidation above this level indicates higher. … [Continue reading]
from pre-open comments Friday 3rd April >>Thursday's VA was above 830, which is now the major controlling price for this contract. That is bullish if 830 holds. I'm also seeing strong price location now on the weekly charts with indices … [Continue reading]
As of Tuesday 31st March, SP500 Commercials were 10,000 net contracts more short than they were a week before. … [Continue reading]
posted 8.50a.m. est from pre-open comment Thursday 2nd April >>Buyers still in control. Pre open, ES has traded higher, probing the major resistance level at 830 as we saw a week ago. If 830 is accepted rather than rejected this time then … [Continue reading]
posted 9.22a.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 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]
