DOW 30 full session and major market hours
Morning news release:
Hires set a new high of 5.8 Million in August.
Job openings (vacancies) also hit a series high of 7.1 Million.
YM major market open thru the close and the entire session.
As of logging in to my account at 6 AM this morning :
Margins have reverted to the normal $500 during the day and $1000 overnight...
I'm not clear on when "normal" day hours begin and overnight margins end.
Higher than "normal" volume on the rebound today tho not as much as the previous sell-offs.
. There's the over-n-under Open price game on the session charts again.
|Friday's entire session and the MMO hours|
The NQ chart is showing a positive hammer for yesterday. It was negative
when the major's closed last night so it switched between 4 & 5 PM
Margins were reduced to $1000 before the majors opened then reverted to $500 at noon.
Higher volume than yesterday's massive amount...
Overnight margins were set to $2000 at the session close today...
The big boys with long lower tails but closing UNCH...
At the MMO the RUT was down and the NQ was down largish but by the session close
they both had long lower tails too...
The long lower shadows on the latest sessions indicate to me that there's not a great
amount of conviction to the down side in spite of the large volume again today.
But technically there are more negatives than positives: the Stochastics + MACDs
are turning down and the S&P breaking it's uptrend is worrisome...
Large volume sell off across the boards
Somewhat odd for the DOW 30 to be rallying while the others drop
Seems there's rush out of the little guys
Industrials for Tuesday
NAFTA is dead, long live USMCA
DOW 30 major market hours and full session
A little late in posting so the start of Friday's session shows...
Tough trading today...
Some how missed recording today's action
Wide ranges and all closed up strong
The YM repeating yesterday's P/A pattern
Symbol rollover to December contract
Few opportunities to take reversals during the MMO today
Nothing but air...errr, up
Hurricane Florence hitting the Carolinas today
Basically UNCH with long legged spinners...except for the RUT which was up nicely
Volume continues to come in...big boys and the Nas up while the RUT was UNCH
Wide ranges increased volume.
The big boys closing with spinning doji, little changed.
The little guys down large but recovering
DOW 30 session 3m, 7m and 15 minute time frames
Looks like the YM took a break - positive action moved to the others
YM - divergence before the Trend Line Break at lunch time wasn't enough to stop the bleeding
Again an increase in volume. YM still hanging tough - sideways channel
Similar to yesterday albeit the MMO was the pivot
Wide ranges on volume - YM closing up all by itself
The YM vacillated above/below the open the entire session.
NQ into the BZ, down hard again with the S&P and RUT following
Missed posting today or accidentally deleted somehow
Volume picked up a bit today
YM session closed down, the MMO closed up...
Labor Day Holiday shortened session
All Stochastic are hooking down thus the BZ retrace levels are shown...
Is all the good economic news of late backed into price?
Except for early in the session yesterday, never into positive territory
Wednesday 08/29/2018 before the MMO
ES session and MMO
Nasdaq catching up with a good %change...the Russell, S&P and DJI are O/B
The RUT had a big move up, NASDAQ lagging somewhat
Back to very low volume again and small ranges.
July sales up significantly
S&P trend line held again today...albeit on diminished volume
The ES bounced off it's trend line but more downside looks likely.
Volume picked up on the sell off.
Very low volume continues
Very low volume over the past few sessions.
DOW 30 lagging today but made a strong recovery from its low
Less down volume today vs. yesterday's up volume...Stick sandwich on the YM
Good economic numbers came out at lunchtime to temper the losses...
400k surge in volume in the last 1/2 hour accounts for 50% of the ES gain on the session.
Possibly due to reports that Trump secures concessions from EU
WARNING - the link above goes to a BS-CNBC story
Thinking the RUT will be the one to play for the next few days for it to catch-up
Odd that the RUT was up while the others were down...
Volume picked up a bit today...positive bias but the NQ Chg% was up substantially.
Very low volume again today
ISP was down Thursday 07/12/2018 Wednesday 07/11/2018
Fat Finger sell off at the close of the session?
Break out today resulting in a Brach Zone retrace of June's hi-lo
Early close due to the 4th of July holiday
Up nicely much of the day to close UNCH
Pausing to look around at the bigger picture
Breaking their patterns on big volume.
Friday morning moving up
Long lower tails, wide ranges - recovery in the afternoon
In the morning, before the MMO
The rising wedge seems the dominant pattern at this point
The Russell was still running while the others look like they're rolling over.
Initial IG report to President Donald Trump and to the Congress today.
Leaks beforehand indicate that Strzok/Page 'we'll stop Trump' email exchange was not redacted...
it WAS NEVER INCLUDED in the earlier subpoenaed documents provided to Congress.
Strong positive close...due to the relief that the truth is finally coming out?
Also today I discovered I receive data for the Russell 2000 (RTY).
It still trades in .10 tick increments but each tick is $5 (previous market I traded was $10)
Price has penetrated into the Brach Zones and stochastic is overbought, suggesting pullbacks
are due for the big boys similar to what the NQ is experiencing now.
My guess is they'll be mild-ish before the May-June measured moves can continue.
Volume picked up today...YM playing catch up as the ES & NQ stall
Volume picked up, back to 'normal'
Morning charts - Pushing up overnight
A stronger than expected jobs report for May is giving a boost to stocks today. So is the fact that European stocks are rising (as well as Italy's bond and stock markets). In addition, yesterday's stock selling in response to new tariffs was relatively mild which is also encouraging. The bottom line is that stocks are having a strong day today and are starting the month of June in a stronger technical condition. Chart 1 shows the S&P 500 ending the week on a strong note and on pace to challenge its May high near 2742. A close above that level would restore the market's uptrend. There are three other encouraging signs on Chart 1. One is the fact that Tuesday's Italy-inspired selloff bounced off its 50-day average. The second is that the SPX also bounced off the falling trendline drawn over its January/March highs. That resistance line was exceeded three week's ago to the upside. One of the rules of chart analysis is that a resistance line once broken on the upside should act as a support line on subsequent pullbacks. The black arrow shows it doing just that on Tuesday. The third positive sign is the ability of the 14-day RSI line (top box) to stay above the 50 level. That's usually a sign of rising momentum. Nine sectors are in the black today being led by technology. Consumer staples are lagging. Utilities are the day's biggest losers owing to a rebound in Treasury yields. Today's rebound in stocks is causing some selling of bonds and bond proxies. That also suggests that Tuesday's flight to safety into Treasuries may have run its course.
Well, this was unexpected
Reversal of yesterday's action albeit on less volume...
Wide range day on increased volume
Low volume before the Memorial Day weekend
Little change, closing hammers
Wider range on slightly increased volume
Cool - went down on even lower volume than 'normal' today.
Seems like the abby normal has become the new normal...
Big boys gapped up but on low volume. Makes me think I may have missed
contract roll-over but no...Just seasonal??
Very low volume approaching the pennant apex which confirms the pattern.
Because a pennant formed instead of a reversal, I'm expecting the trend
to continue next week with a breakout to the upside.
Friday morning before the major markets open - pennant on a pole
Volume pickup with the reversal...
Measured moves thru lunch time
Low volume closing with a weak doji and completing measured moves
All over bought with candle pairs resembling those of just before last month's reversal.
This month's positive sentiment vs last month's may over power the negative TA
So, perhaps the world may not yet be doomed due to our ending the Iran deal...
What new false premises shall be promoted next?
Tuesday 05/08/2018 -- Iran "Deal" -- gone.
Anticipated market volatility due to President Trump's decision never happened.
Up on diminished volume
Volume picked up...closing with another set of long tailed Harami-Hammers
Nice follow through on previously mentioned T/A -- volume was a bit lite though.
Been thinking about how prices have been rising on low volume but it takes
much more to get prices to drop. Conventional wisdom calls this 'normal' P/A which supposedly
bodes against a sustained rally...Got to wonder how often this convention is incorrect.
2 days with long lower tails into the BZs and closing with Hammer Harami today
Increased volume on the big down bars suggests a blow off bottom at the BZ reversal areas.
Down with wider ranges, volume still moderate.
Pull back on moderate volume
Good advance albeit on low volume. Breaking out of April's consolidation patterns...
Almost into the BZ reversal areas which may prove to be the upper limits for this run.
Range narrowing and volume subdued, ending the week with indecisive spinning doji.
April's consolidation patterns are at their apexes but are holding...
Friday morning before the MMO -- still on the cusp of breaking out...
Tuesday morning after China announces easing auto tariffs
Wide ranges, up all day until the late afternoon...closing basically UNCH
Seems like wide range high volume has become the new normal so far this year
Wide ranges with large volume
April BZ retrace possibilities...(04/01/2018)
Increased volume - the big boys closing UNCH with spinners and the NQ down
Negative stick sandwiches giving yesterday's gains back
Outside bar bodes poorly for any upward movement tomorrow
Wide ranges on volume
Little low volume spinners printing inside bars and Harami reversal pairs
at short term BZ areas
Indecisive little spinners on low volume -- down for the week.
Thursday 03/15/2018...contract rollover
Sell-off on fairly low volume
Large percentage gains on moderate volume capping a solid positive week...
The Nasdaq 100 closed at an ATH but the YM & ES are lagging far behind
Friday before the MMO 03/09/2018
Long lower tails may suggest upward pressure for Sunday/Monday
Hammer Harami patterns
1/2 session low volume little movement
Rosenstein announces 13 indictments (+3 'entities') of Russians for interference
in US elections...FISA court throws the onus back to the DOJ re: warrants.
Strong up sessions on volume. Stochastic is running but MACD trend (EMAs) has not turned as of yet.
Volatility remaining high...It's relatively early to expect a retrace as of yet although
I've marked the BZ areas...stochastic indicators are turning up from the O/S area.
Again volume and volatility remained very high
Volume and volatility remained very high
Futs margin reduced back to normal (9:30 AM)
Very heavy volume with very wide ranges again today.
Reality sets in - 100% margin on Futs instituted
something evil in Washington has been exposed
The Nunes memo reportedly will be released tomorrow
State of the Union address tonight
#2 McCabe at FBI "removed" from position...
House votes tonight whether to @ReleaseTheMemo
Friday 01/26/2018 ATH
YM & ES (MMO) closing ATHs as well as at the session close.
Monday 01/22/2018... ATH
Monday morning 01/22/2018
Looking like this week may be pivotal
MLK holiday half session
Inadvertently missed recording today's charts
Again, all time closing highs
Again, all time closing highs with volume slowly creeping up this week...
All time closing highs