The E-mini S&P 500 TFlow chart opened down with a gap for the day session. The market reversed and the buy volume line (green) of the TF5VCrs study did climb above the sell volume line (red). However, both are trending down at the moment, which indicates this is a corrective rally. The market is almost […]
With the Core PPI rising 1.3%, the most since July 1980, the sellers took charge this morning. However, the initial wave of selling at the NASDAQ probably created an oversold situation.
The mid-morning RSI readings and the MACD study values from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products indicates the markets […]
Precious metals are four out of five of the top performing ETFs this morning. This morning, of the 228 ETFs I track, just 16-percent are in the black. Excel is linked to CQG for the data.
The E-mini S&P 500 opened and traded up to the resistance zone from Friday. The TF5Um5D study rolled over while the price was in the resistance zone. The market has yet to make it to the support zone.
On Friday, as the price action was climbing the buy volume line (green) of the TF5VCrs study was […]
The first day of the week before Christmas is looking like traders are still bidding for equities. Technology is outperforming the broad market, which is a good sign.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products indicates the markets are flat following the early strength. The RSI […]
The top performer this morning is the iShares FTSE/Xinhua China 25 Index ETF. Other emerging market ETFs and technology are in the top ten. This morning, of the 228 ETFs I track, 69 percent are in the black. Excel is linked to CQG for the data.
The E-mini S&P 500 opened with a gap is trading in a choppy manner, but the buyers are still have the edge as the buy volume line (green) is still holding above the sell volume line (red) of the TF5VCrs study.
Yesterday, following the strong trend run, the market pulled back and formed a support zone, […]
The equity markets start out with a bid as rates drop due to the better than expected CPI report. The S&P 500 and the Dow Jones Industrial average have made new highs. The NASDAQ 100 is holding just below resistance.
The mid-morning RSI readings from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative […]
The top performer this morning is an ETF that tracks a nanotechnology index. The long bond is up sharply due to the favorable CPI report. This morning, of the 228 ETFs I track, 68 percent are in the black. Excel is linked to CQG for the data.
The E-mini S&P 500 opened and ran right through a resistance zone established yesterday. The buy volume line (green) dominated the sell volume line (red) of the TF5VCrs study until the initial high of the day was establish. Sellers came in and the sell volume line climbed. If the market holds, then if this initial […]