Large true gap lower. Gap rules are in play. Value area stretched down to LOD yesterday indicating stronger selling. Key support level in NDX will break today. China concerns are…
Failure to follow through on new lows again with non true gap back up into range. Overnight inventory is balanced which also indicates lack of momentum Uptrend in SPX from…
RTH Low down to very key trendline support in SPX and /ES. Overnight activity very balanced and in a tight range arond this area. Today will be all about whether…
Same theme as mentioned yetserday as gains and strong close have led us to a gap lower within range. Value was overlapping to higher yesterday which is not enough to…
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…