Denver, CO & Chicago, IL, March 29, 2007 – A Federal District Court’s decision recently dealt another blow to Trading Technologies’ ongoing patent lawsuit against CQG. For more information please visit the CQG website: www.cqg.com/press
The Chicago PMI reading for March was 61.7 and the expectation was a reading of 47.9. This better than expected reading for manufacturing has boosted equities. Another positive sign today is buying in technology.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products are indicating mixed momentum […]
This morning, 73-percent of the 228 ETFs I track are showing a positive gain. Biotech oriented exchange traded funds are dominating today’s list of best performing ETFs. Excel is linked to CQG for the data.
Sellers have dropped the price through the support zone on the daily chart. The daily RSI readings are still indicating a trading range with a bullish bias. The trend does not turn down until the RSI closes below 38. Watch for a pivot low to form on the RSI above 38 to signal a short-term […]
The CQG Analog Chart, which is a chart display that plots multiple markets, has crude oil (blue bars), gasoline (light green close only line), and heating oil (white close only line) plotted. In addition, I have the RSI study plotted for each market using the same colors as the prices.
The RSI readings for crude oil, […]
Today, the price action of the Euro FX futures (EUR/USD pair) has broken the demand line of the uptrend channel, and while the price is in the support zone, sellers are in control.
The trend is sideways with a bullish bias because the recent extreme daily RSI readings have peaked right at 62.
The Constant Volume Bar […]
Yesterday, sellers gained the upper hand and the market traded down and slightly through the support zone. And, as is typical of trading ranges, buyers did come in and the market closed at the mid-point of the day’ range.
The RSI readings for the past three weeks are peaking below 62 and turning up from above […]
Buyers initially bid for equities based on the better than expected 4th quarter GDP report and reversing a three-day losing street. However, tech was lagging and the S&P 500 uncovered sellers as the index value neared yesterday’s high.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity index derivative products […]
This morning, 87-percent of the 228 ETFs I track are showing a positive gain. Emerging market exchange traded funds are dominating today’s list of best performing ETFs. Excel is linked to CQG for the data.
Sellers continue to probe the support zone on the daily chart. The daily RSI readings are still indicating a trading range with a bullish bias. Most of the drag on the market is coming from the 30-year, as well as the ten-year Euro Bund is trading lower.
The Constant Volume Chart is set to 25,000 contracts […]