iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,110 Blog Posts

Stable

Nasdaq futures are stable and traded a normal range and volume overnight despite the earnings reaction in Apple shares, the riots in Baltimore, and the continued uncertainty in Greece. As important as those events are, participants may already have their attention on Wednesday when we will hear the GDP stats in the morning and FOMC rate decision in the afternoon.

Yesterday we started strong but soon reversed and spent most of the session trading lower.

Heading into today, my primary expectation is for buyers to push into the overnight inventory and target the overnight high 4533. Look for sellers to show up near 4539 and two way trade to ensue.

Hypo 2 we stall out around 4530 and churn sideways between there and 4515.

Hypo 3 sellers work back in to target overnight low 4514.25 then 4509 to open up a gap trade down to 4482.50.

Levels:

NQ_MarketProfile_04282015

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. matt_bear

    $EXAS looks like shit, my brother from another mother.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Raul3

      rhrn decides the week, bull hold today’s low and we trade higher today and into tomorrow afternoon FOMC.

      If we RE down, buckle TF up

      • 0
      • 0
      • 0 Deem this to be "Fake News"