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…
Yesterday’s rout was broad based (all sectors) and changed the tone cosiderably Large bearish engulfing candles on SPX and NDX Non true gap higher but not very far into range…
True gap higher after yesterday’s strong reversal from lows Treasury yields backing off a little bit META & AMZN got their price targets raised Buy the dip mentality still seems…
Non true gap lower back down into yesterday’s range. The large gap down yesterday only filled partially. Carry forward this remaining gap. Rates continue to stay firm after recent jump…
True gap lower putting gap rules into play. Premarket weakness putting both /ES and /NQ below 8ema’s on the daily which have been very supportive up until now. Rising interest…
Strong surge in o/n session that is now back withing range Non true gap higher on overnight inventory that is 100% net long Some new inflows associated with first trading…
Small gap lower into range Yesterday’s RTH distribution closed on a spike. Spike rules are in play and thus far and the current premarket indication is bullish as we are…
Non true gap higher Some buy the dip interest still out there even though market still making lower lows Economic calendar quiet today but some larger stuff on tap tomorrow…