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Short Term Trading Week Starting: 26 Mar, page-106

  1. 208 Posts.
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    US Market Update

    Financial media very bullish from the open after an ES bounce overnight. During cash session, IT and Financial sectors seeing relative strength

    VIX down 10%+ while VX futures seeing positive flow.

    SPX over its 150 day and Short covering rally in process. SPX 2640 breached and 2660 is stiff resistance. Bullish candle on the daily.

    Gold very strong on a falling USD and safety play.

    European traders unwilling to hold gains into the close - despite the US rally.

    S&P Futures

    2018-03-26-TOS_CHARTS Daily.png
 
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