Daily Wrap December 29th 2015
Daily market wrap for today, December 29th 2015. Markets grinding higher in low volume holiday mode.
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SP500
Daily Wrap December 28th 2015
Daily market wrap posted to Youtube channel, divergences on weak holiday volume is the theme.
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Weekend Update December 13
Late last week we finally followed through on the Bearish setup in markets, with ES SP500 futures dropping to under the key 2000 level, and now negative on the year in mid December. Internals were strongly bearish, and at extremes Friday, technicals such as RSI and Stochastics are oversold on all timeframes out to 4
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Futures roll day
Today’s action was all about rolling futures contracts, where traders are exiting positions on December contracts and entering positions on the March contract, or are simply trading spread plays (the difference in price between the Dec and Mar contracts). Usually, during roll events, we are trendless, but have a fairly wide range which exactly describes