Buyers are Stepping In
New highs for the Dow Jones Industrial Average!In the quote window, each of the symbols details the last price and change for the day. The two studies, the relative strength index (RSI) and the moving average convergence/divergence (MACD) and its 9-period average (MACDA or Signal Line) are based 15-minute bars.
The RSI readings for the top row, which are equity derivative products, are overbought early on for the E-mini S&P (EPZ6), NASDAQ 100 (ENQZ6), DJ Euro STOXX 50 and the DOW (DJI). All four indices are in short-term up trends.
Both the Q.NYSEVolRatio and the Q.NASDAQVolRatio are 66%, which indicates that up-volume is dominating trading at the start.Next, in the second row is ETZ6, ICE WTI Light Sweet Crude Oil for December, which is very weak at the start.
The RSI for Gold (GCZ6) is indicating selling with a reading of 33.72, and the MACD is indicating a down trend.
Yields in the Treasury market are climbing.
The EUR/USD pair is in a short-term down trend.