Daily Market Wrap January 4 2015
Bearish day down to start the year but was that a bottom?
Daily Market Wrap January 4 2015 Read More »
bearish
Reversal Day for Indexes
Another interesting day in markets today, we began the session near overnight lows and rallied strongly, with ES climbing 30 points off the 9am lows, then quickly reversing again to drop 45 handles in a straight line down move. Internals have been calling for all of the recent rallies to reverse, as noted in our
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Trend Down Day Dec 3rd
Futures in premarket shrugged off the down move of yesterday, particularly NQ100 futures which retraced within ticks of all time highs. The important news item of the day occurred in premarket session with rate announcements by Draghi of the ECB, announcing another rate cut in overnight repo rates and a minimum 6 month extension in
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SPY Block Trades save the day
The large block trade activity seen late last week on our Block Trades page served to save the market from further decline today, as a strong start off the open slowly reversed over the next few hours, with $ weighted buying pressure and breath going negative. The afternoon session saw a 50+ point decline on
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