Sellers continue to be absent with overnight activity all within range Overnight activity 100% net long with another 45 degree line low No economic data of note until tomorrow and…
New all time high in overnight session which should be carried forward as less secure Fed Chairman Jerome Powell will testify to Senate today at 10am ET Overnight activity again…
Continued strength as o/n activity comes in to range and rebounds to Friday’s highs 45 degree line low on ONL shows sellers weakness Earnings season starts later this week with…
Relatively flat open after Wednesday’s advance Consider yesterday’s shortened futures session to be part of the overnight Nonfarm payrolls increased by 206,000 in June (Briefing.com consensus 170,000) following a revised…
Non true gap lower on balanced o/n inventory Overnight distribution has a very flat bottom which is a version of the 45 degree line (discussed in video) Initial Claims came…
Non true gap lower net short o/n inventory Yesterday’s RTH action failed to hold the downside breakout; overnight activity is attempting it again JOLTS Job Openings data at 10am ET…
Non true gap higher on very balanced o/n inventory Some gains in mega cap stocks ISM Manufacturing Index and Construction Spending data at 10am ET Buyers continue to hold /ES…
True gap higher outside of range and balance area Balance rules are in play May PCE Prices – Core 0.1% vs. 0.1% Briefing.com consensus; prior revised to 0.3% from 0.2%…
Non true gap higher within range Balance rules are in play; value unchanged for four sessions Initial Claims and other key economic data didn’t move futures much Micron (MU) earnings…
Non true gap lower within range Some price exploration higher overnight but not outside of recent ranges. FedEx (FDX) beats by $0.07, reports revs in-line; guides FY25 EPS in-line, revs in-line;…