$NDX near Wed high $SPX lagging

July 7, 2017 12:30 pm / Published in NDX, SP500, SPX, SPY
Dow Jones is the weakest of the three (SPX, NDX and DJI) If NDX bulls want to push higher, current levels are key. Market Profile YM  leves  

$NDX at -1%

June 12, 2017 2:16 pm / Published in INDEXES, Nasdaq, Nasdaq and NYSE, NDX, NYSE, SP500, SPX, SPY
The selling continue today, on the other hand there is not panic. At this moment, drops can be consider a buying opportunity. Breath in positive in NYSE negative in Nasdaq. During the morning large order have been neutral on NDX, while small orders have been selling more aggressively. On the other hand, if sellers push

EXPECTED relaxation of stress tests by Wall Street

June 5, 2017 5:07 pm / Published in * Trade Alert, SPX
The White House is expected to unveil its vision for banking regulation early this week. From Reuters: President Donald Trump has vowed to do a “big number” on the Dodd Frank financial reform law, introduced in the wake of the financial crisis. In practice, he does not have the numbers in Congress to overturn the

Global Fund Flows $SPX, $ADP and key number tomorrow

June 1, 2017 12:11 pm / Published in Employment, Rally, SP500, SPX
US and Global equities had inflows based on the Lipper classification as of the week of May 31. SPX and NDX are high on the other hand there is not official data to support otherwise.     Third party data:  ADP is the largest private payroll processor in the United States.  It uses its data to provide

SELLERS APPEAR AT KEY LEVELS $SPX

May 17, 2017 12:50 pm / Published in NDX, SPX
Political news was the triggers that sellers needed to take the SPX lower after all time highs. So far the selling have been technical, respecting levels on the chart.   Option expiry is near so volatility levels will be critical to maintain positive results for the month. $NDX is weaker than $SPX and $YM is in

SELLERS AT ALL TIME HIGH #SPX #VIX

May 16, 2017 11:07 am / Published in SPX, VIX
We printed all time highs on ES Futures taking most of the stops in that area, later we retrace 10 points. This is selling so far its technical. $VIX is printing lower than yesterday open.