Going nowhere fast theme continues with small non true gaps in both the /ES and /NQ this morning. Value was overlapping to lower on Friday with the same new lows…

Market continues to plod lower in a halting manner.  Sector divergene continues to be the ruling reason. Value has been essentially unchnaged for three RTH sessions. Price action remains driven…

Very two sided action with large round trips leaving value unchanged. CPI pushed futures slightly out of range but not by much.  Reading was flat and at consensus. Price action…

True gap higher on net long overnight inventory. Yesterday had decent expansion of range with a high close but without value or POC migrating higher. Nasdaq tested a key trendline…

True gap lower that should represent a good deal of shock and awe after closing at HOD yesterday. Overnight inventory very close to 100% net short Nasdaq has lows of…

Small non true gap higher after Friday’s downward range expansion. The Friday candle on it’s own is very bearish as it is a classic outside day. Price is now below…

Opening right in middle of range for a change to recent action.  Overnight inventory is balanced and current indications have us close to Halfback. Market is trading on a number…

Second true gap lower in as many days giving a bit of a piling on effect to the market.Large unfilled gap has been left above us.  The longer that structure…

Solid true gap lower on news that the credit rating of the United States has been downgraded.  Prices are well off of the lows which probably has a lot to…

Some shock and awe to today’s open as a very late day rally yesterday closed the market strong only to have it open on a true gap lower.  Gap rules…