At Beta Analytics we provide free analysis of a multitude of different financial markets.
We hope we can provide some insight to how the markets are all interconnected and the cause and effect of daily price fluctuations. We believe our analysis is unbiased in nature and can show you the underlying message of each security and the likely direction that it will follow.
Along side Technical Analysis, we cover major news and fundamental releases including the effects on the various asset classes. Fundamental and Technical analysis are normally seen as two ways to trade. We try to combine the best of both and truly understand the markets.

Thursday, 13 December 2012

ES update

E-Mini S&P500 have fallen nearly 0.8% today after comments from Boehner, Reid and Pelosi. The daily candle from yesterday that clearly showed bearish technicals came true as said Here.

ES Daily. Thomson Reuters
Lets just hope there is no VWAP Bull$hit into the close...

Because the market looks like it could reverse slightly (short cover) We have closed 100% of shorts from 1430.50 at 1417.50


EDIT : As expected ES ramped up towards VWAP into the close and rose nearly 0.5% on Fiscal cliff talks. However after market trading ES has retraced a lot of the move to end the day at ~1419 +- 0.5
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)