Weaker Than Expected GDP Brings Out Sellers
The 3rd Quarter GDP was slower than expected. Bonds are rallying and equities opened on a weak note.
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 morning RSI readings for the top row, which are equity derivative products, are flat to weak. The RSI for the E-mini S&P (EPZ6) and the Dow (DJI) are indicating some minor selling, but the RSI for the NASDAQ 100 (ENQZ6) and DJ Euro STOXX 50 (DSXZ6) are more negative.
The Q.NYSEVolRatio is indicating selling as the volume ratio is 33.94%, which means the down-volume is running at 66%. The Q.NASDAQVolRatio is flat.
Next, in the second row is ETZ6, ICE WTI Light Sweet Crude Oil for December, which is showing a little selling pressure.
The RSI for Gold (GCZ6) is indicating some slight buying pressure.
Yields in the Treasury market are falling again, today.The EUR/USD pair continues to trade higher.

