Daily analysis - Stock Market, Bonds, Forex and more
Minor Support (15day) is at 4226. First Support in the longer-term is at 4197 and longer-term Support (3mn) is at 4163. Sentiment: My version of the Rydex Assets Ratio was higher at 30.16. There are only four ratios higher than this in my … [Continue reading]
Minor Support (14day) is at 4226. First Support in the longer-term is at 4197 and longer-term Support (3mn) is at 4163. ES has been consolidating above that level for three weeks, which is a positive indication. Sentiment: My version of the Rydex … [Continue reading]
ChartProfit Chart Book – week ending 11th June 2021 … [Continue reading]
During Thursday's session there was a brief, rejected test of 4226, the 12day controlling price. ES rallied back from there to close the RTH session in a strong position in the ST. That level remains ST Support.First Support in the longer-term is at … [Continue reading]
First Support is at 4197 and longer-term Support (3mn) is at 4163. ES has been consolidating above that level for two weeks, which is a positive indication. ST Resistance at 4226. Sentiment: My version of the Rydex Assets Ratio was slightly … [Continue reading]
The 10day Support has moved to 4226. ES needs to hold this level to maintain a strong position in the dayframe. Next Support is at 4197 and in the longer-term, the 3mn Support is at 4163. ES has been consolidating above that level for two weeks, … [Continue reading]
In the ST, price relative to the 1 month Support at 4197 is worth monitoring at the start of the week. In the longer-term, as long as ES holds the 3mn Support at 4163 it is in a strong position. ES has been consolidating above that level for two … [Continue reading]
In the ST, price relative to the 1 month Support at 4197 is worth monitoring at the start of the week. In the longer-term, as long as ES holds the 3mn Support at 4163 it is in a strong position. ES has been consolidating above that level for two … [Continue reading]
This content is password protected. To view it please enter your password below: Password: … [Continue reading]
The last eight Value Areas have all been generated above the important Support at 4163 (3mn controlling price) and, as I wrote yesterday, as long as ES holds this level it is in a strong position in the longer timeframe. Sentiment: My version of … [Continue reading]