S&P Daily Pre-Market Prep 12/1/17
Volume is up but we are still stuck in a tight range for the week. We did extend the weeks range to the downside but we couldn't hold it. So while we are in a greater range, as defined by the white...
Volume is up but we are still stuck in a tight range for the week. We did extend the weeks range to the downside but we couldn't hold it. So while we are in a greater range, as defined by the white...
Still going nowhere. Volume a bit better yesterday but still on the low side. As usual when we get a range week, we are now waiting for a break and expecting poor action till it occurs.
Well so much for "volume coming back". It was a low volume lackluster day yesterday, so really we are in the same position going into today that we were yesterday. Looking for continuation upwards...
Volume is back, so I'm back to trading. 1.5 million contracts on Friday and it looks like we had decent volume last week from Tuesday onwards..
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An interesting day today. We had FOMC yesterday and as expected rates went up. Now, you could say that the market reacted negatively but you could also say it was a typical post-FOMC knee jerk. In...
FOMC day today so of course, that can throw our prep out - but here goes...As expected we progressed upwards yesterday and as expected we went up, down and up again in the process! We found support...
Decent volume yesterday, just under 2 million contracts traded. We have a new level at 2208.50 - although it's not been tested yet and so it may be removed.
We are now moving to the March 2017 contract on the US index futures. We are also in the last few weeks of the year, a time where we often get a pop in the market up to the Christmas holiday period....
Volume up, price down. As per previous preps, we've been looking for a test of the old highs. At this point we are looking for either:1 - A bounce up which should see good participation as people...
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