Archive for November, 2006

Light Selling Appears Following Chicago PMI Report

Thursday, November 30th, 2006

The equity markets are off today in reaction to the weaker than expected Chicago Purchasing Manufactures Index.

The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products indicate initial some selling in the E-mini S&P (EPZ6) and the NASDAQ 100 (ENQZ6). The DJ Euro STOXX 50 (DSXZ6) is weak […]

Thom Hartle’s View of Trading and the Financial Markets