Weekly Newsletter #1046 Commitment of Traders Report PDF., ES Market Review & Trading Levels 4.10.2021
In keeping with its historical performance, April has started off white-hot. We ended March, and Q1 for that matter, with more questions than answers.
Another day of tiny S&P 500 gains defying gravity, boosted by overnight price action. Well, liquidity overpowering junk corporate bonds opening with a bullish gap only to partially close it.
We present our trade idea with support and resistance numbers
Yesterday we suggested an Upside day and the markets didn't disappoint. Will this change today? Read on to learn more
Stocks are bullish with NASDAQ100 eyeing towards ATH, so already strong SP500 is expected to stay in uptrend after intraday set-backs.
SP500 Makes an All Time High w/ Chart & Support and Resistance Levels 4.09.2021
When the US Federal government decides to legalize marijuana, it will become a leading agricultural commodity. It may not be long before commodity futures exchanges roll out futures contracts on pot. Curaleaf...
My How Prices Change!
S&P 500 moved marginally higher in spite of its short-term very extended position, powered by liquidity and almost defying the odds. Credit markets were hinting at deterioration, the yen carry trade I...
Intraday trade idea for index futures
Yesterday as suggested the markets traded Higher. Will this continue today? Read on to learn more
Emini Russell Chart & Support and Resistance 4.08.2021
S&P 500 is still consolidating Monday‘s sharp gains, showered with liquidity. Yet it seems that eking out further gains is getting harder as the price action took the index quite far from its key moving...
As suggested yesterday the markets did trade to the downside. Will the same hold true today? Read on to learn more
YM Chart Review & Support and Resistance Levels 4.07.2021
Bullish run in stocks is on, driven by tech gains and value not yielding an inch. A rare constellation given the the long-dated Treasuries performance especially – as if the narratives were flipped,...
We present our reading of the ES futures
Yesterday the markets closed Higher based on Good Friday's eco news. Will the markets take a breather today? Read on to learn more
The Nasdaq100 (NQ) is hesitating going into today's European morning as it bumps up against uptrend resistance (on the 4hr chart) and upchannel resistance (on the daily chart). Significantly, although...