Mid-Session Market Review
S&P 500: After some initial volatility from the 8:30 news, the market accepted above the prior day’s levels but has since pulled back within range, consolidating just below the highs.
NASDAQ: The NASDAQ remains above all of yesterday’s levels and is currently balancing between the high of the day and the 23,100 level, showing a rotational pattern.
Russell 2000: This market is rotational within the prior day’s range and has accepted below the CVA and PVA. Potential trade opportunities might come with a pullback to the 2,245 area.
Gold: Gold has accepted below the prior value area and is still rotational within the CVA. Trade opportunities could present themselves near the prior day’s low.
Crude Oil: The market is quite choppy, hovering around the prior day’s low and value area low. Caution is advised, with potential long opportunities on a pullback, as long as conditions align.
Euro Dollar: The Euro is dropping significantly, moving below all key levels without much respect for them. This could provide short opportunities if there’s a pullback.
Yen: Similar to the Euro, the Yen is also pushing below previous levels. It’s getting choppy near the CVA low, so caution is needed until it shows more respect for those levels.
Natural Gas: The market is rotational within the prior day’s range and respecting the CVA high. Long opportunities might be possible if conditions are right.
Aussie Dollar: It’s showing some respect for the CVA low and is still rotational. There could be a potential long setup forming, depending on how it plays out.
British Pound: The Pound has accepted below all key levels, and a pullback to the CVA low might provide short opportunities, though caution is needed around the VWAP.
S&P 500: After some initial volatility from the 8:30 news, the market accepted above the prior day’s levels but has since pulled back within range, consolidating just below the highs.
NASDAQ: The NASDAQ remains above all of yesterday’s levels and is currently balancing between the high of the day and the 23,100 level, showing a rotational pattern.
Russell 2000: This market is rotational within the prior day’s range and has accepted below the CVA and PVA. Potential trade opportunities might come with a pullback to the 2,245 area.
Gold: Gold has accepted below the prior value area and is still rotational within the CVA. Trade opportunities could present themselves near the prior day’s low.
Crude Oil: The market is quite choppy, hovering around the prior day’s low and value area low. Caution is advised, with potential long opportunities on a pullback, as long as conditions align.
Euro Dollar: The Euro is dropping significantly, moving below all key levels without much respect for them. This could provide short opportunities if there’s a pullback.
Yen: Similar to the Euro, the Yen is also pushing below previous levels. It’s getting choppy near the CVA low, so caution is needed until it shows more respect for those levels.
Natural Gas: The market is rotational within the prior day’s range and respecting the CVA high. Long opportunities might be possible if conditions are right.
Aussie Dollar: It’s showing some respect for the CVA low and is still rotational. There could be a potential long setup forming, depending on how it plays out.
British Pound: The Pound has accepted below all key levels, and a pullback to the CVA low might provide short opportunities, though caution is needed around the VWAP.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.