NASDAQ futures are set to enter Tuesday gap down after an overnight session featuring normal range on elevated volume. Price worked lower all session, at first quickly and eventually slowly, and tested Friday’s low before finding a responsive bid.
On the economic calendar today we have Factory/Durable Goods orders at 10am then 3- & 6-month T-Bill auctions at 11:30am.
Last week started with a pro-gap down and drive lower with Monday showing weakness up until session close. Then Tuesday opened pro-gap up and squeezed higher. This set up a rally that would last though the end of the week. Friday featured a strong opening drive up before setting into quiet, tw0-way trade.
Heading into today my primary expectation is for buyers to work into the overnight inventory and close the gap up to 4433.75. Look for responsive sellers up at 4440.75 and two way trade to ensue.
Hypo 2 gap-and-go lower. Price breaks down through overnight low 4401.25 early and sustains trade below it setting up a move to target 4393 before two way trade ensues.
Hypo 3 strong selling pushes down through 4393 setting up a move to target 4377 before two way trade ensues.
Hypo 4 strong buyers push up through 4440.75 and sustain trade above it, setting up a move to fill the #BREXIT gap up at 4464.
Levels:
Volume profiles, gaps, and measured moves:
If you enjoy the content at iBankCoin, please follow us on Twitter
DiskontPharma.com | The web site you are visiting now allows you to read about Viagra, Cialis, Levitra without prescription. DiskontPharma. contendo encourages buying Viagra online at more favorable price among other suppliers with this product. Having used our services, in addition to the generic viagra, you obtain a guarantee against fakes and the next day delivery of Potenztabletten pills Viagra online. Simply no prescription is needed for internet pharmacy, which allows you to buy medication with complete confidence.
motherfucking jet skis.
Why this website don’t have other languages?