Hey Traders, nice technical trading overnight, the channel posted in last night’s ES analysis came into play and marked the overnight low so far. eshrly2 After testing the new channel ES bounced back to backtest the big trendline. Will be watching the new channel as well as the old trendline for clues. Below major support…
Category: Daily
Daily market analysis
7/28 Rally Analysis
Hey Traders, while today was a down day, no real technical damage was done to the markets besides maybe lower high and lower low formed. Once again will be watching the big trendline and new forming channel: es728 The key area in mid 950s right at 200ema hourly will be key to break to have…
Quick Euro FX Update
This picture should tell the story:
7/27 EOD Market Summary
Hey Traders, relatively quiet and low volume day in the markets today, chop and narrow range, EOD ATR% table: DXU09 103.7NQU09 103.1ECU09 97.3GCQ09 96.4ADU09 94.9ESU09 84.4YMU09 83.4SFU09 82.6BPU09 78.6CDU09 78.0TFU09 73.2JYU09 59.0 As far as technical picture of the markets nothing has changed in the bigger picture , check “Weekend ANalysis” from yesterday Here is…
Weekend Market Analysis
Hey Traders, Another crazy week coming our way with 150+ SP500 companies reporting earnings, record 235B in auctions and plenty of econ data to spice things up. Over the past 2 weeks bulls have completely turned things around and now are in full control. On weekly charts we got second consecutive close back inside the…
956-957 ES support
ES_F key support 956-957s , bottom of 8day channel and major S/r level on daily & hourly $$
Twitter / Vlad: ES 100 x 200dma cross
FWIW, $ES_F / $SPX 100dma crossed above flattening 200dma today right in the key area of 860-870
Monday April 13 Daily Market Summary
Hey Traders, very low volume trading day today, with lowest ES volume since January 2nd, which makes you wonder if break above recent highs should be trusted. Will start building a bearish case from smallest time frames as bullish technicals start to break down. Here is a quick summary of the past months activity brought…
April 9th Daily Market Summary
Hey Traders, another interesting week in the markets. ES had some low volume consolidation this week before gapping over a key resistance level and holding the professional gap.esdaily2Next significant support on ES is expected at 870-872 Fib Cluster. Here is ES chart of the week: 2500tick heikin-ashi trend rotation charts that almost without failure worked…
April 10th – Good Friday – Market Holiday
Hey Traders! Markets are Closed Today! Have a great long weekend without staring at colored lines jump up and down on your screen. Happy Holidays Vlad