Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)
Futures (ES, NQ, GC, CL) – 27 June 2017
27 June 2017
Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)
Futures (ES, NQ, GC, CL) – 23 June 17
23 June 2017
Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)
Options – 18 December 15 Monthly Income – Bull PUT on SPX
Update
14 December 2015
We closed this CALL credit spread and bought it back for $0.05. Overall, it was a small profit to be redeployed for the next trade.
8 December 2015
We sold a monthly CALL credit spread at 2135/2145 for $1.10. The total Return-on-Risk for this new trade is 1.10/8.90 = 12.36 % excluding transaction cost.
The PUT credit spread was closed for $1.75.
27 November 2015
We sold a monthly PUT credit spread at 2015/2005 for $1.15. The total Return-on-Risk for this new trade is 1.15/8.85 = 13.00 % excluding transaction cost. Expiration is at 9:30 am, 18 December 2015 (EST)
Options – 21 August 15 Monthly Income – Bull PUT on SPX
Update
21 August 2015
This PUT credit spread expired worthless. The Settlement price was 2015.47.
13 July 2015
We sold a monthly PUT credit spread at 1980/1970 for $1.30. The total Return-on-Risk for this new trade is 1.30/8.70 = 14.94 % excluding transaction cost. Expiration is at 9:30 am, 21
August 2015 (EST)
Options – 17 July 15 Monthly Income – Bull PUT on SPX
Update
13 July 2015
We closed this trade by buying it back for $0.05. Option expiration is this coming Friday morning.
15 June 2015
We sold a monthly PUT credit spread at 1980/1970 for $1.30. The total Return-on-Risk for this new trade is 1.30/8.70 = 14.94 % excluding transaction cost. Expiration is at 9:30 am, 17
July 2015 (EST)
Options – 18 June 15 Monthly Income – Bear Call on SPX
Update
5 June 2015
We closed this trade by buying it back for $0.05. Option expiration is another 2 weeks away.
18 May 2015
We sold a monthly CALL credit spread at 2185/2195 for $1.05. The total Return-on-Risk for this new trade is 1.05/8.95 = 11.7 % excluding transaction cost. Expiration is at 9:30 am, 19 June 2015 (EST)
Indices (Weekly chart) Dow Transportation closed at 10029.84 with a bearish candle above its 200 SMA and below its 8 EMA, 21 EMA, 50 SMA. Weekly trading range – 776.72. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – positive and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 45. The index is in a weekly and monthly Squeeze.
Dow Industrial closed at 26573.72 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 1302.75. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium CycleWave – positive and falling. Short cycle Wave – positive and falling. Market direction – Strong UpTrend. Momentum – Strong Upward. It is in a monthly Squeeze. RSI – 52.3.
Russell 2000 closed at 1500.7018 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Weekly trading range – 76.865. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising slope. Medium Cycle Wave – positive and falling slope. Short Cycle Wave – positive and falling slope. Market direction – Strong DownTrend. Momentum – Neutral. RSI – 45.9.
Nasdaq 100 closed at 7754.1025 with a spinning top doji candle aboveits 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 358.154. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short cycle – positive and falling. Market direction – Strong UpTrend. Momentum – Strong Downward. RSI – 54.2.
S&P 500 closed at 2952.01 with a high closing spinning top doji candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 136.59. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short cycle Wave – positive and falling. Market direction – Strong UpTrend. Momentum – Strong Upward. RSI – 53.9.
Indices Dow Transportation gapped down and closed at 9925.98 with a big bullish hammer candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range is 221.88. Fractal Chaos Band – Below its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 36.1.
Dow Industrial closed at 26201.04 with a big bullish hammer candle above its 200 SMA and below its 8 EMA, 21 EMA, 50 SMA. Daily trading range – 461.74. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 39.3.
Russell 2000 closed at 1486.3465 with a bullish hammer candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 25.13. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 38.8.
Nasdaq 100 closed at 7638.3946 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 176.85. Fractal Chaos Band – crossed above its FCB lowerband. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 44.
S&P 500(SPX) closed at 2910.63 with a big bullish hammer candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 55.19. Fractal Chaos Band – Below its FCB lowerband. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 40.8.
Indices Dow Transportation gapped down and closed at 9884.35 with a big bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range is 315.26. Fractal Chaos Band – Crossed below its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 34.3.
Dow Industrial gapped down and closed at 26078.62 with a big bearish marubozu candle above its 200 SMA and below its 8 EMA, 21 EMA, 50 SMA. Daily trading range – 598.92. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 36.
Russell 2000 closed at 1493.4316 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 47.535. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 36.5.
Nasdaq 100 gapped down and closed at 7550.79 with a bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 170.45. Fractal Chaos Band – crossed belwo its FCB lowerband. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 38.3.
S&P 500(SPX) gapped down and closed at 2887.61 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 65.32. Fractal Chaos Band – Below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 35.4.
Indices Dow Transportation closed at 10119.60 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range is 402.21. Fractal Chaos Band – Crossed below its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 40.4.
Dow Industrial closed at 26573.04 with a big bearish candle above its 50 SMA, 200 SMA and below its 8 EMA, 21 EMA. Daily trading range – 483.99. Fractal Chaos Band – crossed below its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 45.2.
Russell 2000 closed at 1493.4316 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 47.535. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 39.3.
Nasdaq 100 closed at 7684.1422 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 146.306. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Weak DownTrend. Momentum – Strong Downward. RSI – 44.7.
S&P 500(SPX) closed at 2940.25 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 53.83. Fractal Chaos Band – Below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 44.
Indices Dow Transportation closed at 10363.58 with a small bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range is 75.56. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 48.8.
Dow Industrial closed at 26916.83 with a small bullish candle above its 21 EMA, 50 SMA and 200 SMA and below its 8 EMA. Daily trading range – 178.61. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 54.1.
Russell 2000 closed at 1523.3728 with a small spinning top doji candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 12.32. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 46.3.
Nasdaq 100 closed at 7749.4487 with a small bullish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 80.261. Fractal Chaos Band – below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 48.4.
S&P 500(SPX) closed at 2976.74 with a small bullish candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range – 22.06. Fractal Chaos Band – Below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 52.2.
Indices (Weekly chart) Dow Transportation closed at 10341.27 with a bearish candle above its 50 SMA, 200 SMA and on its 8 EMA, 21 EMA. Weekly trading range – 235.95. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and rising. Short Cycle Wave – positive and falling. Market direction – Strong DownTrend. Momentum – Weak Upward. RSI – 49.6. The index is in a weekly and monthly Squeeze.
Dow Industrial closed at 26820.25 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 374.72. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium CycleWave – positive and rising. Short cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Strong Upward. It is in a monthly Squeeze. RSI – 55.
Russell 2000 closed at 1520.4765 with a big bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Weekly trading range – 47.997. Fractal Chaos Band -Within its FCB. Long Cycle Wave – positive and rising slope. Medium Cycle Wave – positive and falling slope. Short Cycle Wave – positive and falling slope. Market direction – Strong DownTrend. Momentum – Weak Upward. RSI – 48.2.
Nasdaq 100 closed at 7681.5785 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 246.44. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short cycle – positive and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 52.3.
S&P 500 closed at 2961.79 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 62.45. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and rising. Short cycle Wave – positive and rising. Market direction – Weak UpTrend. Momentum – Strong Upward. RSI – 54.8.
Indices Dow Transportation closed at 10409.03 with a bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range is 75.98. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 50.4.
Dow Industrial gapped up and closed at 26891.12 with a bearish marubozu candle above its 21 EMA, 50 SMA and 200 SMA and below its 8 EMA. Daily trading range – 211.23. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Weak DownTrend. Momentum – Weak Downward. RSI – 53.6.
Russell 2000 closed at 1533.3261 with a bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range – 19.611. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – positive and falling. Short Cycle – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 48.8.
Nasdaq 100 closed at 7771.9921 with a small bearish hammer candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range – 84.85. Fractal Chaos Band – crossed below its FCB lowerband. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 49.2.
S&P 500(SPX) closed at 2977.62 with a smal bearish hammer candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range – 23.57. Fractal Chaos Band – crossed below its FCB lowerband. Long Cycle Wave – negative and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 52.6.
Indices Dow Transportation closed at 10433.32 with a bullish marubozu candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range is 150.07. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 51.4.
Dow Industrial gapped up and closed at 26970.71 with a bullish harami engulfing candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 260.7. Fractal Chaos Band – crossed above its FCB lowerband. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Strong UpTrend. Momentum – Weak Upward. RSI – 55.8.
Russell 2000 closed at 1550.6544 with a bullish candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range – 22.24. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 53.6.
Nasdaq 100 closed at 7803.5413 with a bullish candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range – 174.797. Fractal Chaos Band – crossed above its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Weak DownTrend. Momentum – Strong Downward. RSI – 51.2.
S&P 500(SPX) closed at 2984.87 with a bullish candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range – 36.96. Fractal Chaos Band – crossed above its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Weak DownTrend. Momentum – Weak Downward. RSI – 54.4.
Indices Dow Transportation closed at 10333.31 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range is 235.95. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 47.8.
Dow Industrial gapped up and closed at 26807.77 with a bearish engulfing candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 374.72. Fractal Chaos Band – crossed below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 52.
Russell 2000 closed at 1533.586 with a big bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range – 32.304. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 49.
Nasdaq 100 closed at 7710.0444 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 188.454. Fractal Chaos Band – crossed below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 45.1.
S&P 500(SPX) gapped up and closed at 2966.60 with a bearish engulfing candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range – 50.25. Fractal Chaos Band – crossed below its FCB lowerband. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 50.3.
Indices Dow Transportation closed at 10382.66 with a bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range is 97.15. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Strong Downward. RSI – 49.4.
Dow Industrial gapped down and closed at 26949.99 with a small bullish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 179.73. Fractal Chaos Band – crossed above its FCB lowerband. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Neutral. RSI – 55.9.
Russell 2000 closed at 1558.2466 with a doji candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 11.19. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle – negative and falling. Market direction – Weak UpTrend. Momentum – Neutral. RSI – 56.6.
Nasdaq 100 closed at 7818.61 with a doji candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 52.692. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and falling. Market direction – Weak UpTrend. Momentum – Weak Upward. RSI – 52.1.
S&P 500(SPX) gapped down and closed at 2991.78 with a bullish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 16.92. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and falling. Market direction – Weak UpTrend. Momentum – Weak Upward. RSI – 56.9.
4 October 2019 – A pullback and bounce
Indices (Weekly chart)
Dow Transportation closed at 10029.84 with a bearish candle above its 200 SMA and below its 8 EMA, 21 EMA, 50 SMA. Weekly trading range – 776.72. Fractal Chaos Band – Closed within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – positive and falling. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 45. The index is in a weekly and monthly Squeeze.
Dow Industrial closed at 26573.72 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 1302.75. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short cycle Wave – positive and falling. Market direction – Strong UpTrend. Momentum – Strong Upward. It is in a monthly Squeeze. RSI – 52.3.
Russell 2000 closed at 1500.7018 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Weekly trading range – 76.865. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising slope. Medium Cycle Wave – positive and falling slope. Short Cycle Wave – positive and falling slope. Market direction – Strong DownTrend. Momentum – Neutral. RSI – 45.9.
Nasdaq 100 closed at 7754.1025 with a spinning top doji candle aboveits 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 358.154. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short cycle – positive and falling. Market direction – Strong UpTrend. Momentum – Strong Downward. RSI – 54.2.
S&P 500 closed at 2952.01 with a high closing spinning top doji candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range – 136.59. Fractal Chaos Band – Within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – positive and falling. Short cycle Wave – positive and falling. Market direction – Strong UpTrend. Momentum – Strong Upward. RSI – 53.9.
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