Interpreting market movements in a whole new way
Interpreting market movements in a whole new way
Futures 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”
Read MoreDecent accumulation/distribution occurring in the ON session with the current contract from around 4250 which in the premarket timeframe has seen the most contracts traded. Point of Control from yesterday’s RTH sits at 4228.50 so we have moved higher nicely and are developing above 4250 in the Extended Trading Hours [ETH]. We had a poor … Continue reading “TradeGuidance premarket summary for ES futures”
Read MoreThere appears to be resistance above 4242 today in the early survey of futures participation in what will be the first full week where we actively work with the September expiration contracts for the Emini index futures. Volume still remains split and has not entirely transitioned over to the September expiration and will more than … Continue reading “TG’s premarket report for index futures”
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