News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) lost 1.09% during Friday’s session, testing the Dec 1 low (ref 6862) with a low of 6864 and a closing print of 6890. Momentum and trend indicators faded with price.
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 24bps during yesterday’s session, closing at a record 6966.50. This record close came after an overnight low down over 1% at 6875. This was a massive stick with a
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 63bps during yesterday’s session, closing at 6950. The index was volatile with a wide high/low range of 6966/6889. I would note once again that the index failed at
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) lost 34bps yesterday, closing at 6913. On the session, the index faded our 6959-resistance level (Nov 12 and Dec 5 highs), broke and closed below our previously highlighted near-term support level at
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 17bps during Friday’s session, closing at 6937. This closing tick came well below the session high (ref 6963) and well above the previously identified 6920 resistance level. I would note
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained a modest 7bps yesterday, closing at 6925. The index again had a wide high/low range of 6939/6895 (~60bps). The 6920 level remains a focus. As I wrote yesterday, “I
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 35bps during yesterday’s session, hitting an intra-day high of 6931 and closing at 6922. I continue to see 6920 as a pivot point for the index with the last four
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 20bps on the session, closing just below 6900 at 6898. The index pushed up to the 6920 level, hitting a high of 6921. This is the third consecutive test of ~6920
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) lost 48bps on the session yesterday, closing at 6885. Although the index faded and closed back below 6900, the final settlement price was well above the session low (ref 6862). Momentum and
News
Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 46bps during Friday’s shortened session, closing at 6918. This was the first time the index has closed above 6900 since Nov 12 and it did so with expanding/confirming internals.
Media Appearances
Ascalon VI Capital CEO Anthony Esposito says the economy is finally moving in the right direction after years of inflationary pressure. He noted that when President Trump left office, the true inflation rate was near 2%, only to surge to 12% under President Biden. With inflation now back down to
Media Appearances
Ascalon VI Capital CEO Anthony Esposito broke down the latest Producer Price Index report, explaining that while the data is from September and somewhat outdated, it still shows meaningful shifts. Goods prices ticked higher—mainly due to gas and energy costs—while service prices eased, a reversal of what the