Daily analysis - Stock Market, Bonds, Forex and more
ST: As mentioned pre-open on Monday the First Resistance this week is 4482.0. That level rejected price on Monday and Tuesday and capped the upside on Wednesday. I thought we would 4430 tested at a minimum this week but here we are testing the … [Continue reading]
ST: As mentioned pre-open on Monday the First Resistance this week is 4482.0. That level rejected price on Monday and Tuesday and capped the upside on Wednesday. I thought we would 4430 tested at a minimum this week but here we are testing the … [Continue reading]
ST: On Monday - RTH opened above the 4482.0 Resistance and immediately sold off. Same happened on Tuesday. Also last Thursday there was a failure at the 4526.5 Resistance, see arrows on chart. This is a change in tone and a pattern Bulls would want … [Continue reading]
ST: On Monday - RTH opened above the 4482.0 Resistance and immediately sold off. This happened last Thursday as well with a failure at the 4526.5 Resistance, see arrows on chart. This is a change in tone and a pattern Bulls would want to see … [Continue reading]
ST: Last week there was a failure at the 4526.5 Resistance, and on Friday Aggressive Selling was marked. Currently ES is printing below 4482.0 (25dy control) which is First Resistance at the start of this week. Bulls would want to see that level … [Continue reading]
ChartProfit Chart Book – week ending 10th September 2021 … [Continue reading]
ES failed at First Resistance on Thursday, 4526.5, and immediately retreated, see yesterday's pre-open comment. Price back above that level would be ST positive. There is minor Support at 4500.50 but a Value Area printed entirely below that level … [Continue reading]
The minor control migrated to 4526.5, during Tuesday's RTH. This is now First Resistance. ES is currently printing below that level in a weaker ST position. The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, … [Continue reading]
ST: Last six Value Areas have been generated entirely above 4483, the minor control, which is a positive in the ST. This is First Level Support. LT: The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the … [Continue reading]
ST: Last five Value Areas have been generated entirely above 4483, the minor control, which is a positive in the ST. This is First Level Support. LT: The first sign of weakness in the LT would be a Value Area printed entirely below 4391.50, the … [Continue reading]