Here's the results from my statistical analysis for Light Crude Oil Futures (CL) on the weekly chart. LIGHT CRUDE OIL FUTURES (CL) STATISTICAL RESULTS DATES: 02 Sep 19 / 06 Sep 19 CLOSING BETWEEN (at 06 Sep 19): 52.70 - 57.28: 71% 50.41 - 59.57: 94% 48.11 - 61.87: 99.50% P.S. This indicator is not for sale and will not be published. DISCLAIMER:...
Here's the results from my statistical analysis for S&P 500 E-mini Futures on the weekly chart. S&P 500 E-MINI STATISTICAL RESULTS DATES: 02 Sep 19 / 06 Sep 19 CLOSING BETWEEN (at 06 Sep 19): 2877 - 2933: 75% Probability 2849 - 2960: 93% Probability 2821 - 2989: 98% Probability P.S. This indicator is not for sale and will not be published....
Welcome to this first analysis of the month of September. Friday's session started by a relatively fast retest of our resistance zone at 11 899, which hasn't even slowed down the price momentum. The uptrend was seen until 15:00 when Dax corrected the bullish move by descending lower to retest the newly formed support at 11 899 which was our valid resistance at the...
Yesterday's high was broken out as yesterday's statistics hinted. There was no apparent resistance up till the 11 774 level which eventually stopped the bulls. The 11 678 zone functioned as a support level and the session was closed outside of the previous day range and this fulfilled the same statistical probability as well. Important zones Resistance: 11...
Monday's session started with a sharp upside move. As expected, sellers entered the market at our resistance level of 11 611 to correct the uprun, but not for long. The same scenario occurred once more at the following resistance zone of 11 645 which also didn't have long lasting. The 11 611 zone functioned as the support for another bullish push towards the end...
Friday's session started relatively innocent. As per our expectations, Dax descended to hit our support zone of 11 759 and closed the gap. We also saw buyers attempting to regain control before the storm hit the markets. News had it that China retaliated on the US import taxes and to no surprise, Trump's swift reaction on Twitter caused even more havoc when he...
Tuesday's session was a bit odd from our point of view. Dax initially descended to our support at 11 646, but rather than bullish correction we hoped for, price action rather slowed down. Dax then closed near it's intraday low and today we open with an ascending gap. Important zones Resistance: 11 691 Support: 11 560 Statistics for today Detailed...
Dax started the day with the expected drop and breaking the previous day low, which had a statistical probability of 83%. There was a sudden price spike after 15:30 when Dax shot higher some 300 points based on Trump's tweets. After the dust settled, Dax slowed down and hasn't really gone anywhere for the rest of the session. Today's gap has already been closed. ...
Monday's session had an expected development. We first saw buyers taking the price slightly up, yet not able to retest the 11 823 level. Sellers took over and pushed Dax to the support zone of 11 657. It took some time for this to be broken to the downwards and bears dominated the intraday session until the close. Important zones Resistance: 12 031, 11 899,...
Friday's session started with a slight downward movement which prevailed for the whole intraday session. We've had a bearish based bias and our hypothesis played out as expected. Today we open with a really big descending gap. Important zones Resistance: 12 031, 11 899, 11 823 Support: 11 657 Statistics for today Detailed statistics in the Statistical...
We welcome you by the last DAX analysis of the month. We expected a downside yesterday with lazy price action. It was pretty clear shortly after the open that the volatility was beyond laziness. The price sliced through the support of 12 368 like a knife and within two hours, Dax stretched its range to some 170 points. Today we open with an ascending gap. ...
Our Statistical Application did a great job again. As per the statistical probabilities, it was very likely that Dax would continue its upward move and so it happened. The price went up just to slow down at the resistance level of 12 380 and then went over the roof, making a strong upward momentum for the entire intraday trading. Important zones Resistance: ...
Yesterday's session was exemplary from the price action point of view. The descending trend line functioned as a resistance and the price bounced off that level. Bears were aggressive enough to create a strong momentum, pushing Dax lower till the session end. This strongly negative day was closed at 12 294. Important zones Resistance: 12 293, trend...
Yesterday's session turned out to follow our hypothesis only partially. Dax started its decline towards 12 391, but buyers didn't use this level to enter the market. Following was a descend towards the second support zone in a row, laying at 12 326, yet this price wasn't reached and Dax reversed upwards. In the end, Dax closed approximately in the middle of its...
Yesterday's session was very nice from our point of view. As we highlighted, Dax first went up to close the gap at the resistance level of 12 564. The price then reversed exemplarily and the high intra-day swing was formed as well. Today, Dax opens with a descending gap and so far, the momentum indicates the retest of the support level laying at 12 391. ...
Welcome to the last analysis of this week. Tomorrow's analysis will be skipped due to a national holiday. Yesterday's statistics for breaking Tuesday's high was successfully passed. Dax rose all day and closed near its intra-day high. Today, we open with a smaller descending gap. Important zones Resistance: NIL Support: 12 597, 12 543 Statistics for today...
Yet another session without a gap. Sellers attempted to retest prices from the last week, yet to no avail. It was just around 12 475 when Dax turned around from its slight downward correction and eventually closed where it opened the daily session. Important zones Resistance: 12 600 Support: 12 391, 12 428 Statistics for today Detailed statistics in the ...