Price Action:   Nasdaq Futures, NQ E-Mini

• Leading up to today, price was stuck above the 1 year Point of Control
• Liquidate occurred coinciding with the Italian Referendum
• 1 Year Point of Control held as support
• Liquidation goal was the Levee zone where Global Bank buying entered
• Price lifted the market during the overnight with little protest (excellent move)
• Watch for 1 Year Point of Control to act as resistance.

Nasdaq Futures - (1 Year Point of Control, upper purple band)

Price Action:  S&P 500 Futures - ES E-Mini

• Leading up to today, Thanksgiving volume near all time high
• Market Maker Liquidated back to POC #3 coinciding with Italian Referendum (smoke screen)
• Market Maker (Global Banks) halted liquidation at POC #3, bought contracts cheap
• All loses were recovered via marking up during overnight with little protest
• I believe this was by design (Not bad for a weekend/globex campaign)
• Today, Price held filling in the LVA within the December Barnacle Field, which was also in the design

MP Action

• ES and NQ rebounded from the Italian Referendum hit
• ES did “NOT” close the gap
• ES migrated away from POC #3
• ES filling in December’s Barnacle field
• ES Day Time Frame, moving higher
• Taylor Trending has started Day #1 Long in both ES & NQ
• Dow reached ATH
• Expecting to remain in this area the next several days, barring any “news”

• NQ put in a spike this morning and moved the auction back into the NQ 1 year POC
• NQ settled at it’s POC - No excess spotted
• NQ Day Time Frame, moving higher

• Ruling reason, the market is presently in balance, Use Intraday trade rules