Early morning discussion focused on earnings and the recent bounce in oil due to declining U.S. stockpiles.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are weak for the E-mini S&P (EPZ6) and the Dow (DJI). The RSI for the NASDAQ 100 (ENQZ6) and the DJ Euro […]
This morning the top ten ETFs are led by Homebuilders, and the remaining are a mixture of sectors except for two retail oriented exchange traded funds. Excel is linked to CQG for the data.
This morning the e-min S&P 500 is trading sideways. First, let’s review yesterday’s TradeFlow chart.
Yesterday’s TradeFlow chart, which uses 5-tick aggregation, we see a gap down opening, followed by a market that consistently stair stepped higher. The market formed a support zone that was tested three times. A resistance zone the was tested once, and […]
The S&P 500 is flat, but the NASDAQ is up following positive news from CISCO systems.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are flat for the most part. The RSI for the E-mini S&P (EPZ6), the NASDAQ 100 (ENQZ6), the DJ Euro STOXX 50 (DSXZ6), […]
This morning the top ten ETFs are led by precious metals, technology and energy. Technology leading is a positive sign for the upward trend in equities. Excel is linked to CQG for the data.
This morning the market open down, but buyers stepped in and filled the gap. Before we look at today, let’s review yesterday’s TradeFlow chart.
Yesterday’s TradeFlow chart, which uses 5-tick aggregation, shows how the price action moved into a resistance zone and stalled out.
The TF5VCrs was trending down, indicating a corrective rally. Normally, the buy volume […]
Stocks start out on a weak note following election results.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are mixed. The E-mini S&P (EPZ6) is slightly negative, the NASDAQ 100 (ENQZ6) is slightly positive, the DJ Euro STOXX 50 (DSXZ6) is positive, and the Dow (DJI) is […]
This morning the energy oriented exchange traded funds are taking all of the spots for the top ten performing ETfs. Excel is linked to CQG for the data.
Early on, the TradeFlow chart indicates good buying still occurring. Yesterday’s trading was solid buying all day.
Checking yesterday’s TradeFlow chart shows how the TF5Um5D study was in positive territory throughout the day. Considering how the up-volume was dominating all day at readings above 80 percent (See the Market at a Glance page), looking for the […]
Stocks are still climbing with technology leading.
In the CQG Custom QuoteBoard, the morning 15-minute bars RSI readings for the top row, which are equity derivative products, are strong for the second day in a row. The E-mini S&P (EPZ6), the NASDAQ 100 (ENQZ6), the DJ Euro STOXX 50 (DSXZ6), and the Dow (DJI) are showing […]