So far the S&P and NASDAQ 100 e-mini futures are doing what we thought we'd see early this week, they are bleeding lower. From opening trade this morning (even from last night) to the present, NQ has gone from the highs at 9:30 (including all overnight trade since Future opened yesterday) to the lows of the new week just 8 minutes ago, an travelled 31.75 NQ points lower since 9:30 this morning!
ES put in a high at 7:51 a.m. this morning, which is 8 ES points higher than ES's close on Friday, the lows for the new week in ES were hit at 4:42 and we have moved an incredible, .25 shy of 20 full ES points, almost 10 points below Friday's 4 p.m. New York close and we still haven't dealt with the triangle in the EUR/USD yet!
Sometimes we stand so close to the trees we can't see the forest.
AAPL Update is Coming!
5 years ago
No comments:
Post a Comment