Good afternoon traders! Here is the recap of the market: 20 Days trend: Up and strong. VIX: 16.30 RV: 85.76% Market: After a mid morning spike in the volume and a little come down of the market to the VAL, we got back to the VPOC, where we started the Overnight sesion. In my opinion, we will not see much movement before tomorrow, when the unempliment claims...
Good morning traders! Here is the recap of the market: 20 Days trend: Up and very strong. VIX: 16.02 Relative Volume: 108% Market: After the close yesterday, market went down, and during the night, it ralied up to the VAH, but failed to stablish a new ATH at this time. We are currently seeing what seems to me a lateral movement , very strongly attached to...
Good morning traders! Here is the recap for the market: 20 Days trend: Up and very strong. VIX: 16.05 Market: We got a very tigh ranged movement overnight, keeping us up, but at the same time not braking out higher. The low volume makes it easy to spot on why the range wasw so thigh, but from what I've seen, market usually makes a retest before going higher in...
Good afternoon traders! This is the recap of the market: 20 Days trend: Up and very strong VIX: 16.16 Market: We have a slow motion all day long, but very trending in the up direction. We have some weird volume nodes being formed, telling us there is no real consensus on the market liking some prices more than others, it is just going up and up. For the time...
Good morning traders! Here is the recap of the market for the day: 20 Days trend: Up and strong. VIX: 16.76 Market: After last weeks deep and recover, the market is trying to balance up top, using the VPOC as it support. since we are keeping the acceptance up here, I think we are going to keep with the long trend, and maybe a little bit o lateral mocements. I...
Good morning traders! Here is the recap of the market: After a failure in prices, market recovered and got to the ATH that we previously saw. Volume profile is a getting a little messy in this area, showing how the market has no preference for any price at all in this area, but, as we keep accepting higher prices, my guess will be that the market is still...
Good morning traders! Here is the recap of the market: 20 Days trend: Up VIX: 15.81 Market: The market has been doing its thing, and keeping up and up, so far, alll we can do is buy the depps of the VA, and seel it on the top. No signs of weaknes are to be found on options levels at this point, and the fact that we have a decent volume here at the top, shows...
Good morning traders! Here is the recap of the market: 20 Days trend: Up, and ranging since yesterday afternoon. VIX: 16.83, higher than last night, consistent with the fall. Market: After accepting prices higher, the market failed on the VAH, and we went to the bottom, merging what used to be two different VA's. This failure to go higher, shows some weaknes...
Good afternoon traders! Here is the recap for the market: 20 Days trend: Up and getting stronger. VIX: 16.05 Market: For today we had the market moving away the current VA to a new high, with what seems to be a very low volume here. Since we have not had any signs of a reversal yet, I will expect this market to stay on the new VA, and keep bouncing there,...
Good morning traders! Here is the recap of the market: 20 Days trend: Up VIX: 15.43 Market: The market kept its momentum up during the night, it even bounced from the VPOC of current VA. This is usually a sign that the market is ready to go higher from here, if we manage to keep this momentum, I expect to see a new VA develop on top the current, if we fail to...
Good afternoon traders! Here is the recap of the market: 20 Days trend: Up VIX: 15.76 Market: We can see a clear and strong rising trend here. No signs of weaknes or anything else telling on it going the other way around. I will strongly advice to buy anything that comes close to the VAL, and sell it on the the top.
Good afternoon traders! Here is the recap of the market: 20 Days trend: Up, weak, getting stronger. VIX: 16.32 Market: Ther market came higher since monday, and now we got a new VA on top of previous. Since it looks like the market is loosing momentum, and the curren VA is really small compared with the previous ones, I belive we will have a correction from...
Good afternoon traders! Here is the recap of the market: 20 Days trend: Up and very weak. VIX: 17.90 Market: We saw the market come back after the last week crash. This was a very quick recover, and now we are back at the top of the last VA. From here, I will like to see some resistance, and even come back down to the VAL. If we keep seeing this market...
Good morning traders! Here is the recap of the market: 20 Days trend: Up, and regular, getting weaker by the day. VIX: 19.98... a huge movement up, that is pretty much followed by the market. Market: We had a dip in the market, that was foreshadowed by the fact we were rejected in higher prices and started accumulating some volume in a lower price. We can see...
Good morning traders! Here is the recap of the market: 20 Days trend: Up and strong VIX: 17.15, went higher overnight, which is consistent with the market going lower. Market: The market is currently acumulationg volume in the new VA that is just on top of the previous one. I suspect we will have a slow day until the FOMC minutes comes out. From here I will...
Good morning traders! Here is the recap for this market: 20 Days trend: Up and strong. VIX: 17.01. Market: The market has benn doing a kind of lateral movment while looking for higher prices all along the past week and a half. From where we stand, it seems that we are creating a new VA, and if we asume this to be true, and that the movements we have seen all...
Good afternoon traders! Here is the recap for the market: 20 Days trend: Up, Strong. VIX: 15.66. We saw a very interesting movement down that has yet to be matched by the market. Market: Direction: Up. We are seeing a market that was rejected on friday above the VAL level, which means there is some strenght on the buyers side, and maybe we are ready to go to...
Good morning traders! Here is the recap of the market for this morning: 20 Days trend: Up, Very Strong, and getting stronger. VIX: 16.52. it went down overnight. Market: The market is still pretty much bouncing in its current VA like all week long. Not much to say here, still waiting for the push higher to 2250.