Solid true gap higher puts gap rules into play Unemotional, and mechanical pullback selling recently has me thinking bullish if the gap holds Economic calendar still relatively quiet Last three…
Solid true gap lower as market decides it needs more conslidation of the recent rally. Senate passes six remaining funding bills to fund the entire government through September 30 Both…
Small true gap lower after yesterday’s gap which failed to fill fully. Sellers yesterday seemed to be more old business than new. We’ll see what type of dynamic we get…
Futures piling on to yesterday’s gains after FOMC confirmed 3 cuts in 2024. True gap higher on 100% net long o/n inventory Nasdaq futures stronger than /ES overnight so will…
Small overnight range with 45 degree line lows Expect action to be somewhat constrained ahead of FOMC Same divergence between /NQ and /ES continues although today with /NQ stronger Today’s…
True gap lower; gap rules are in play. NVDA lower after new product announcement yesterday. While sharply lower overnight, we are still within a trading range and may stay there…
Futures taking back all of Friday’s losses and then some on a true gap higher. Big tech rebound is fueling the rise with positive news from GOOGL, AAPL, and TSLA….
21 ema on daiily NDX chart is extremely important now (discussed in video) All price exploration lower seems to be failing continually Overnight inventory very balanced with a 45 degree…
Overnight inventory 100% net long Three back to back sessions that have almost equal highs. Price exploration higher overnight but currently trading within range. Core PPI came in higher which…
Tight overnight distribution at higher end of yesterday’s expansion of range. Overnight inventory very balanced indicating acceptance of higher prices at the moment. Nasdaq futures a bit weaker than S&P’s…