Interpreting market movements in a whole new way
Interpreting market movements in a whole new way
Emini S&P futures halted in the move higher in the overnight session from the momentum derived from the day session and pulled back on profit taking to make an overnight low of 4205.75 as buyers stepped back in an hour or more past the European open. At the peak of the high yesterday however, we … Continue reading “Emini S&P futures premarket report”
Read MoreFutures gain momentum in the ON session and runs into resistance in the trade setup range posted in the playbooks for subscribers between 4181.75~4172.25 with a stop at 4205.50. If you happen to be in this trade, you did good and more than likely we will see a move towards the gap from the settlement … Continue reading “TG Daily Market Profile reading”
Read MoreFutures lose momentum and run into resistance early into quadruple witching Friday. We have gapped nicely lower from our settlement yesterday and gap rules do apply. If you need the gap rules, visit us at our website and fill out a contact form and we will have the office mail you one; surely it will … Continue reading “Emini S&P premarket summary”
Read MoreWe introduce bit of a spin on the TPO chart for today which highlights the buy/sell volume in that fashion at TPO points. It also shows the aggregation for the RTH from yesterday and that split volume carries over to the RTH chart. The ON distribution is of more relevance in our conversation about market … Continue reading “TG Daily Market Profile report”
Read MoreAgain, there isn’t much of a valuation drift lower. What I can perhaps point out which is more meaningful for an important news day like today is that we have made higher lows over the past 4 trading sessions which is from about Thursday in the prior week. Overnight thinned out at 497 total contracts … Continue reading “TG morning Market Profile Report”
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