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Assessments / Blog


2019-03-27
ES #F Relative Strong Demand


The daily chart of the S&P 500 mini futures contract above shows our proprietary SUPPLY and DEMAND Dashboard and BXB (Bar by Bar) Signals using data from the NYSE.

Relative strong Demand showed up Yesterday and price closed up 17.25-points for the day. Volatility eased again Yesterday.

Signals lean to the Bullish side but are still mixed, with Average Supply / Demand Volatility still in Bearish territory and Volume decreased in Yesterday’s up move?

The expected bounce Yesterday reached a high of 2835.00 and price closed at 2824.25. The possibility that the market could move higher from here must not be under estimated. A close above 2835.00, accompanied by Buying pressure and Volatility moving into Bullish territory, with Comparative strength, would be the perfect recipe to take out the last swing high at 2866.00.

A test of the last swing low at 2789.50 remains a possibility. A close below 2789.25 could lead to more Selling, with possible resistance at 2777.00. Any larger sell off could lead to a test of the swing low of March the 8th at 2726.50.

Bottom line: No conclusive evidence (based on reasonable probability) on which way the market will move Today. The 2835.00 level to the upside and 2808.50 level to the downside in our view will be key near term levels to watch.

End of the day Signals March the 26th:

S & D Dashboard Algorithm turned Bullish, except for Average Volatility

Daily Signals points to the upside

These readings are an independent assessment of the one and only measureable fundamental market mover: SUPPLY and DEMAND. It does not matter if price is influenced by a geopolitical event, seasonality, fundamental economic data releases or sentiment driven news, etc. It all reflects in Supply and Demand, the “footprints” of the “Big Boys” or “Smart Money”.

Caution:

Supply / Demand Sentiment is in the “Greed” territory (Overbought), with Average Supply / Demand Volatility still in Bearish territory (Above 100).

Link to Facebook Group where these assessments are also posted regularly.

Links to recent research posts:

ARE INVESTORS BLIND TO THE EQUITIES UPSIDE SUPER CYCLE?

Our research team believes the upside pricing potential of the US market could be under-estimated by global traders and investors.  We’ve been pouring over the charts and data trying to substantiate our hypothesis with our proprietary price modeling systems and technical analysis systems for the past few days.  Our results suggest the US stock market, in comparison to the global markets, could still be under-priced at current levels based on investor sentiment and this could be just the beginning of a super cycle rally we have seen happen one before.

Click on this link to read more....

David Morgan and Chris Vermeulen – Precious Metals RoundTable

David Morgan and Chris Vermeulen joined us for a roundtable to discuss where precious metals are at the present moment, where the cycle is heading and how best to capitalize on this major potential opportunity. An interesting session for sure.

Click Here to Listen to the Audio

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