NQ - 1341 Ticks off the TOP - Low to Low Draws / Range
We can see there is a large range with the 200EMA/SMAs coming
to trade as we move through October.
There can be a small Squeeze as SELLERs took profits into yesterday's
close.
PMI, Final Services PMI, Trade Balance, IBD Optimism Report, FED Speakers,
Budget Noise, Coupon Purchases @ $3.225 Billion 7/10s @ 11AM EST.
A great deal to pay attention to today...
It will be choppy with the potential for a grind higher into ES Session Close.
Crude can Backtest off the 78.90 Level, with 80 a $1 away, OPEC will work their
magic as they are in meeting all week. Leaks should begin appearing shortly.
The VIX must Defend the 22.10/22.15 level. We do have a gap Below on the Daily.
There is a clear compression on the VIX, they are defending another breakup and out
for now. 22.45 currently with the VXN upper range @ 28.80, ALL VX bares close
observation.
11-11:30AM EST will be a pivotal timeframe today as the FED has provided $3B+ for
Squeeze cheese.
10 Year Yields hovering just below 1.50 with 1.545 the breakout.
www.tradingview...chart/Uim6SoEf/?symbol=TVC...
Today will be one for caution to press SELLs until it proves itself.
CASH 96.22%
to trade as we move through October.
There can be a small Squeeze as SELLERs took profits into yesterday's
close.
PMI, Final Services PMI, Trade Balance, IBD Optimism Report, FED Speakers,
Budget Noise, Coupon Purchases @ $3.225 Billion 7/10s @ 11AM EST.
A great deal to pay attention to today...
It will be choppy with the potential for a grind higher into ES Session Close.
Crude can Backtest off the 78.90 Level, with 80 a $1 away, OPEC will work their
magic as they are in meeting all week. Leaks should begin appearing shortly.
The VIX must Defend the 22.10/22.15 level. We do have a gap Below on the Daily.
There is a clear compression on the VIX, they are defending another breakup and out
for now. 22.45 currently with the VXN upper range @ 28.80, ALL VX bares close
observation.
11-11:30AM EST will be a pivotal timeframe today as the FED has provided $3B+ for
Squeeze cheese.
10 Year Yields hovering just below 1.50 with 1.545 the breakout.
www.tradingview...chart/Uim6SoEf/?symbol=TVC...
Today will be one for caution to press SELLs until it proves itself.
CASH 96.22%