Daily analysis - Stock Market, Bonds, Forex and more
30 minutes in to RTH as I write. I wrote yesterday "If 3891 is held early I'm targeting 3950; if not, then I expect 3844.50 to be tested". 3891 did not hold early in the session and ES declined. So far in today's session, 3844.50 is the low. … [Continue reading]
30 minutes in to RTH. The minor Control remains at 3844.5 = Support. If 3891 is held early I'm targeting 3950; if not, then I expect 3844.50 to be tested. … [Continue reading]
The minor Control remains at 3844.5 and is Support at the start of this week. Friday's rally lifted ES back to the 3900 area where it hasn't been since 09/21. As I wrote on Thursday "I'm expecting 3900 area to attract time at some point". … [Continue reading]
Minor Control is at 3844.5. ES couldn't hold that level as Support in Thu RTH - now Resistance. Minor Support today is at 3799.0. … [Continue reading]
Minor Control is at 3844.5. ST scenarios: Min Control migrates slightly higher to 3851.5 and ES holds it = indication to 3900. Doesn't hold it = ST weakness. LT: I'm expecting 3900 area to attract time at some point. … [Continue reading]
Early in Tues RTH, ES broke above 3822 which I wrote would be ST bullish, see yesterday's note. Today there is ST Support at 3799. … [Continue reading]
On Monday ES printed time above 3780, the min VAH, which is a positive, see yday's note. A break above 3822, would be bullish ST - if that doesn't happen early RTH today then I would expect 3776 to be printed. … [Continue reading]
On Friday, ES found Support at the 3689 minor Control, and rallied - see arrow. For Bulls that Support needs to hold. The min VAH is at 3780 and time at that level or above would be ST bullish. … [Continue reading]
ST Support at 3689 (minor control) was broken in yesterday's RTH, now Resistance. Not interested in longs below that level. Pre-RTH today, ES has printed below 3645. … [Continue reading]
minor control moved higher to 3689 which is currently ST Support as ES prints above that level. Stronger position. Price 3723-29 might attract time. … [Continue reading]