The equity markets are trading up, but technology is not leading, so the rally is suspect.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products indicate some buying. The E-mini S&P (EPZ6), the NASDAQ 100 (ENQZ6), the DJ Euro STOXX 50 (DSXZ6) are moderately positive, while the Dow […]
Energy is dominating the top performing ETFs for today. Excel is linked to CQG for the data.
Profit taking appears to be hitting the market today. Today’s TFlow chart is stair stepping down, and the sell (red) volume line of the TF5VCrs study is dominating the buy (green) volume line.
Friday’s TFlow chart shows the gap down on the opening, then the recovery and at the high for the day the sell (red) […]
The equity markets opened on a weak note, partially due to Wal-Marts reports, the weaker dollar, and the overbought state bringing in profit takers.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are negative across the board. The E-mini S&P (EPZ6), the NASDAQ 100 (ENQZ6), the DJ […]
Silver and gold oriented ETFS are leading today. The weak dollar versus the euro has brought the Euro Currency trust into the top ten list, as well. Energy is up today. Excel is linked to CQG for the data.
CQG offers fourteen charting styles including a yield chart for fixed income instruments. Here, we will look at Percent Bar charts, a quick and easy way to compare percentage performance of different instruments.
Percent Bar charts display on a percentage basis the current value from one of three user-selected formulas for the starting point: Date, Price […]
The market started out trading higher, but the volume was low and the initial gains were lost. Before we see today’s action, we will review Tuesday’s TFlow chart.
By the looks of Tuesday’s trading, it appears that the holiday mood had already hit traders. The E-mini S&P had just a 3.75 range for the day. The […]
The equity markets opened higher, but then reversed. Technology is holding up.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are neutral each market: the E-mini S&P (EPZ6), NASDAQ 100 (ENQZ6), and the Dow (DJI) are flashing readings near the 50 level. The DJ Euro STOXX 50 […]
Emerging market oriented ETFs are dominating trading. Excel is linked to CQG for the data.
The market is trading on both sides of yesterday’s close, possibly moving into holiday mode. Before we see today’s action, we will review Monday’s TFlow chart.
Monday was a good example of the price action moving down into the support zone, which was established following the opening of trading. As the market moved into the support […]