Momentum continues to wane on the 1 Hour TF.
Momentum Slope is beginning to Flatten.
3X Negative Divergences are completing on the Daily TF.
_________________________________________________
Will today be a consolidation and Range Day or something
more aggressive - A Program Bid by the Algos.
As bonds as being Sold aggressively, moving the Yield Curve
around in ways that have many Retail 007s wondering...
The DX continues a relentless grind Higher @ 95.525 - will
it cap the Index Highs to a lower High... we shall see.
_________________________________________________
Count Structure is now on Day 6 of 8/13/21/34... Yesterday
was very clear Distribution.
DownVol far exceeded UpVol - 9 AM EST - 11 AM EST with the
Reversal arriving @12 PM EST.
Ranges are now in the Desert, the appearance of Expansion that
will require 2 Additional Days after today.
_________________________________________________
Price will need to close over 16226 today in order to continue
moving Higher.
A Close below 16197.75 would imply Lower Prices ahead.
Yesterday's Program Buy in AMZN, TSLA & APPL faded quickly
as Sellers returned to reduce Exposure.
__________________________________________________
Final Day for VIX - Settlement completes
Momentum Slope is beginning to Flatten.
3X Negative Divergences are completing on the Daily TF.
_________________________________________________
Will today be a consolidation and Range Day or something
more aggressive - A Program Bid by the Algos.
As bonds as being Sold aggressively, moving the Yield Curve
around in ways that have many Retail 007s wondering...
The DX continues a relentless grind Higher @ 95.525 - will
it cap the Index Highs to a lower High... we shall see.
_________________________________________________
Count Structure is now on Day 6 of 8/13/21/34... Yesterday
was very clear Distribution.
DownVol far exceeded UpVol - 9 AM EST - 11 AM EST with the
Reversal arriving @12 PM EST.
Ranges are now in the Desert, the appearance of Expansion that
will require 2 Additional Days after today.
_________________________________________________
Price will need to close over 16226 today in order to continue
moving Higher.
A Close below 16197.75 would imply Lower Prices ahead.
Yesterday's Program Buy in AMZN, TSLA & APPL faded quickly
as Sellers returned to reduce Exposure.
__________________________________________________
Final Day for VIX - Settlement completes
Kommentar:
NQ Range Expansion - 16041 - 16356
Kommentar:
16226 trades First
Kommentar:
10 Year Yield New High 1.632
Kommentar:
ST Algo Bid on Time, right on time.
Kommentar:
Break HIghs and Close over on Hourly indicates 16356
Bostic
Daly
Fed Heads speak this morning