Market is quite this morning, with no change to the trend as the Intraday for $ES_F as follows:
- 240 minute is Bullish
- 60 minute is Fast Line Over Bought
- Vector Vest indicator AD : 1.82 Bullish
In Conclusion for today – its Mixed – no clear edge for Daily swing trades. will be looking for scalp opportunities. There is no sync for 1st 15m trade
Trade setup for the AM session, as the 30 minutes turned DOWN TREND, it would help if Bonds go Up north for further Action in the Indexes.
Notable Underlying – High IVR (above 50), IV (above 15), and no future earnings within 45 days (source: TastyTrade)
Daily $ES_F Chart Show in a squeeze that may Run higher..
Today’s Economic Calendar
8:30 Producer Price Index
8:30 Retail Sales
10:00 Business Inventories
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count$TWLO Keeps making New High
Great Call from Jim Cramer
https://www.youtube.com/watch?v=sXWP_OqCrkY
Good Luck Trading, and join our Chat Room
Thank you
Alpha
