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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
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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.
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 90bps during yesterday's session, closing at 6781. The index has continued to rebound off the recent low (ref 6525) which marked just below our previously highlighted support level at
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained1.53% during yesterday’s session, closing at 6721. The index continued to push past the 100dma (ref 6611), hitting a high of 6731. To note, I have been focused on and
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 96bps during Friday’s session, closing at 6620. The index hit an overnight low of 6525, just below our focal support level at 6540. The index held and rallied into and
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Daily Technical Analysis Market Intelligence Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) lost 1.56% yesterday, closing near the lows at 6557. Price hit an early session high (ref 6791), testing previously identified resistance at the 20dma (ref 6799) and then faded for
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Daily Technical Analysis Market Report Market Summary The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 33bps during yesterday’s session, closing back above the lower Bollinger Band at 6661. Momentum and trend have continued to degrade. My Spot VIX signal remains “neutral”. My VIX Term Structure
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The ES1 Index (Generic 1st Month S&P 500 E-mini) lost another 78bps during yesterday’s session, closing at 6639. The index continues to press through the lower Bollinger Band (ref 6659) as momentum and trend indicators continue to degrade. My Spot VIX signal is “neutral” and, more importantly,
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The ES1 Index (Generic 1st Month S&P 500 E-mini) lost 94bps during yesterday’s session, closing on the lower Bollinger Band (ref 6686) at 6692. While momentum and trend have been choppy and negative over the past two weeks, the index currently seems unwilling to break below the
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The ES1 Index (Generic 1st Month S&P 500 E-mini) lost 7bps during Friday’s session, closing at 6755. The session low ticked down 1.32% from the previous close, slicing through the lower Bollinger band. This low was hit at the start of the cash session. The index
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The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 9bps during Friday’s session, closing at 6753. This close was significantly higher than the late session low of 6655 (marked an intra-day move of -1.36%) and created what I see as a reversal bar ending the
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 6) The ES1 Index (Generic 1st Month S&P 500 E-mini) gained 27bps during Friday’s session, closing at 6874. The low on the session (ref 6843) came within 5 handles of the 10dma (ref 6837) and bounced into the