Quiet Day Ahead of Holiday
Equities started the day with gains, but the volume ratios are indicating investors are not committed to either side of the market.
The mid-morning RSI readings and the MACD study values from the CQG Custom QuoteBoard, using 15-minute bars for the equity derivative products are slightly negative. The RSI readings for the E-mini S&P (EPH7), the NASDAQ 100 (ENQH7), the DJ Euro STOXX 50 (DSXH7) and the DJI are below 50 and indicating some downward momentum. <
The Q.NYSEVolRatio and the Q.NASDAQVolRatio readings are both indicating a neutral, two-way market.
The CLEF7, Crude Oil for January traded on the Globex Exchange, RSI reading and the MACD is indicating a short-term down trend.
The RSI for Gold (GCZ6) is slightly negative and the MACD is indicating a short-term down trend.
Yields are flat in the Treasury market.
The EUR/USD pair is in a short-term down trend.
NYSE volume ratio on a 15-minute basis indicates a short-term down trend. The price action is trending down and the volume ratio is moving down, indicating down-volume is climbing relative to up-volume.
The NASDAQ 100 and the NASDAQ volume ratio readings on a 15-minute basis are both stair stepping down.