One of the most two sided and choppy sessions we’ve seen in awhile yesterday – lots of indecision ORCL and NVDA gapping up this morning. Is it enough? New “M”…
True gap lower; gap rules are in play. This will open the /ES and /NQ below the 8ema. NVDA down a bit further off of Friday’s selling which is weighing…
Large overnight range similar to yesterday. Mostly contained within range except for small price exploration into new high territory. If the ONH is not taken out, carry it forward as…
Wild futures action overnight making low out of range before moving much higher near RTH High. Fed Chair Powell said Wednesday that Fed not ready to cut rates yet, but…
Strong, non true gap higher back into yesterday’s large range. For now, market telling us that it wants to hold above the key 8ema’s on daily charts. Huge gap higher…
True gap lower outside of range puts gap rules into play this morning. While it felt like a topping pattern, yesterday’s RTH distribution didn’t have much excess on the top….
Small true gap lower on a tight overnight distribution Very wide o/n TPO POC right at the settlement Friday was what we call “day one of a breakout”. Thus the…
We got the expected buyers yesterday but overall pretty lackluster. Complete lack of follow through today as futures way back down into range. Overnight inventory balanced with minimal price exploration…
Much expanded overnight range in relation to last two sessions. More price exploration lower but still a lack of follow through; sellers still seem weak and uninspired. 8 ema’s on…
Much expanded overnight range in relation to last two sessions. More price exploration lower but still a lack of follow through; sellers still seem weak and uninspired. 8 ema’s on…