NASDAQ futures are coming into Monday gap down after an overnight session featuring extreme range and volume. Price briefly worked above the Friday high before settling into balance.
On economic calendar we have ISM non-manufacturing/services data at 10am, then a 3- and 6-month T-bill auction at 11:30am.
Last week markets began strong but by Tuesday sellers stepped in. The selling accelerated through the week before finding a strong responsive buyer late Friday. The last week performance of each major index is shown below:
*note the relative strength of the Russell
On Friday the NASDAQ printed a double distribution trend up. The day began with a gap down to a new low on the week. The rest of the day was spent steadily campaigning higher.
Heading into today my primary expectation is for buyers to work into the overnight inventory and close the gap up to 6805.50. This sets up a move to take out overnight high 6833. Look for sellers up at 6845 and two way trade to ensue.
Hypo 2 sellers gap and go lower, take out overnight low 6742.50. Look for buyers ahead of 6700 and two way trade to ensue.
Hypo 3 stronger buyers trade us up to 6872.25 before two way trade ensues.
Levels:
Volume profiles, gaps, and measured moves:
I cant invest anymore, knowing I am only adding to the problems and feeding the devil.
The USA has been taken over by israel. America is not a sovereign country, it is a vassal state OWNED by the jews. United States of Israel will be printed in the childrens book along with demonic/satanic overtures your children will endure for the rest of their life into hell. America is a failure, sold away the country for worthless paper.
America has failed.
I give up my citizenship and SS# and no longer want to be a citizen of America. They have failed the people in everyway and given it all to israel.
if you dont like it than geeeet out
didnt you get told to fuck off like 3 months ago @soon2be