The core Consumer Price Index rose just 0.1% in October, and that is bringing in buyers in the equity markets.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are modestly positive for the E-mini S&P (EPZ6), and the Dow (DJI). But, the NASDAQ 100 (ENQZ6) and the […]
Silver and gold ETFs, along with oil, commodities and Far East ETFs are in the top ten performing ETFs in the early trade. Excel is linked to CQG for the data.
This morning the e-min S&P 500 starting out with sideways trading. Before we see today’s action, we’ll review yesterday’s TradeFlow chart.
Yesterday’s TradeFlow chart, which uses 5-tick aggregation, we see the price rolled over following the opening and the TF5Um5D study was negative, indicating good selling. When the market was below 1384.00 (point A), the TF5Um5D […]
The day is starting out with good buying in tech stocks. The NASDAQ volume ratio is running at about 70% up-volume, which is a good sign.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are strong for three of the four indices. The E-mini S&P (EPZ6), the […]
A good sign for the broad market is semiconductors ETFs participating in the top ten performing ETFs for the morning trading. Excel is linked to CQG for the data.
The equity market is driven by flows of funds from one sector to another for a number of reasons including large money managers directing funds based on their fundamental outlook for the economy. It follows that if the economy is showing signs of growth then money should be flowing into equities that will participate in […]
This morning the e-min S&P 500 starting out with good buying. Before we see today’s action, we’ll review yesterday’s TradeFlow chart.
Yesterday’s TradeFlow chart, which uses 5-tick aggregation, the price broke support a number of times, but the TF5VCrs sell volume line (red) did not climb. At one point, the market broke to a new low, […]
The mixed opening was followed by good buying in technology because of the upgrade of the chip sector.The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are strong for all four indices. The E-mini S&P (EPZ6), the NASDAQ 100 (ENQZ6), the DJ Euro STOXX 50 (DSXZ6) and […]
This morning, due to the Citigroup upgrade of the chip sector, semiconductors ETFs lead the top ten ETFs. Excel is linked to CQG for the data.
This morning the e-min S&P 500 is testing support levels. First, we’ll review yesterday’s TradeFlow chart.
Yesterday’s TradeFlow chart, which uses 5-tick aggregation, we see a challenge of a resistance zone in the early trade but the TF5VCrs buy volume line (green) was very flat as prices climbed. This implied a lack of conviction by buyers. […]