The equity markets have rebounded, but are still within yesterday’s range. The exchange generated volume ratios are indicated widespread buying.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity derivative products are indicating neutral readings for all four: The momentum is flat for the e-mini S&P 500 (EPH7), the […]
The equity markets took out last weeks lows and the Treasury market edged above last week’s high following the weak trading in the Asian and European markets. However, sellers could not attract a following and a number of key U.S. market indices, such as the NASDAQ 100, have edged into positive territory.
The late-morning RSI […]
The equity markets are testing underlying support levels in a quiet trade today. Given the volatility so far this week, traders are likely to want to take off early. There is continued talk about the problems in the housing market, and the University of Michigan sentiment measure dipped to 91.3 compared to the 93.3 preliminary […]
First off: Volatility has returned! In other words, don’t be cavalier about day trading. You will be seriously burned in the current environment. Pick your entry spots carefully and manage the risk without hesitation.
The equity markets opened lower, traded below Tuesday’s low, reversed and have climbed back to near unchanged for key index readings. […]
Equities around the world are rebounding, and the Treasury market is reversing yesterday’s flight-to-quality rally.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity derivative products slight upside momentum for the e-mini S&P 500 (EPH7), and flat intraday momentum for the e-mini NASDAQ 100 (ENQH7), the DJ Euro […]
U.S equities have joined the sell off started by the drop in the Shanghai Composite Index. The volume ratios are indicating heavy selling, as technical trend lines in place since last July are broken.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity derivative products are indicating heavy downside […]
I am experiencing technical problems this morning. As soon as they are resolved, I will post my current observations.
Thom Hartle
Equities started out strong this morning, but the NASDAQ 100 index could not get through recent resistance, and traders took profits. However, the NASDAQ 100 index is holding at support and the volume ratio is diverging.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity derivative products are neutral […]
Equities are weak this morning. Sellers are pointing towards higher energy prices, but the Treasuries are up on the day.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity derivative products are negative for the e-mini S&P 500 (EPH7), the e-mini NASDAQ 100 (ENQH7), and the Dow (DJI). The RSI […]
The NASDAQ Composite has made another new high for the year this morning; however, the volume ratios are not indicating widespread buying.
The late-morning RSI readings from the CQG Custom QuoteBoard using 15-minute bars for the equity derivative products are somewhat negative for the (EPH7) and the Dow (DJI). The RSI for the NASDAQ 100 (ENQH7) […]