Relatively flat open after huge volatility overnight that explored about 80 /ES handles below the RTH Low. Volatility following news that Israel launched an attack on Iran that was ultimately…
Small non true gap higher. All overnight activity within the value area. Crude oil pulling back on easing concerns of Israel/Iran conflict escalation. Cleveland Fed President Loretta Mester (FOMC voter)…
Yesteraday’s short covering balance didn’t advance the market much; key levels above untested. Overnight activity about 99% within yesterday’s range which indicates a continuation of balance for now Economic data…
Relatively flat open after some price exploration lower overnight Dow component UnitedHealth Group (UNH) up 7% after better-than-expected earnings results Housing starts came in lower than expected 8 ema’s have now pinched…
Large non true gap higher back into Friday’s expanded range Iran’s missile attack on Israel was suppressed and failed to effect any real economic damage GS reported, beat estimates, and…
Non true gap lower after yesterday’s strong close Weakness in JPMorgan Chase (JPM) following better-than-expected earnings report Geopolitical angst with reports Iran could soon attack Israel Michigan Consumer Sentiment number…
Yesterday’s gap filled but value remained separate and much lower than prior day’s VA PPI came in cooler than expected and shot futures back up into range from their prior…
CPI rose a bit and market not liking it All of yesterday’s reversal and strong close erased now Both /ES and /NQ now have potential to trade below the 4.4…
Tight range continues for second day Economic calendar still quiet until tomorrow’s CPI SPX and NDX are both at 8 and 21 moving averages on dailies Daily charts remain neutral…
Relatively flat open after Friday’s volatility Daily SPX and NDX charts now in a very neutral zone Treasury yields moving back up again Probability of rate cut at June FOMC…