TRUMP NEWS CONFERENCE EFFECT - THERE WAS A HUGE SWING DURING TRUMP’S NEWS CONFERENCE. BASED ON THE FOLLOWING VIEW, THE SWING WAS CAUSED BY AN OIL FLUSH THAT CARRIED THE MARKETS.
MP ACTION
- EQUITIES CONTINUE HUDDLING JUST BENEATH ALL TIME HIGHS
- GOLD FLIP CALL WAS INCORRECT
- OIL RESCUES TRAPPED BEARS
- NG IN RANGE
VOLUME
NQ & ES VOLUME LIGHTER THAN AVERAGE BUT STEADY
YM VOLUME AVERAGE (BUILDING SUPPORT)
Equities continue to consolidate - slowing down
Equities continue to consolidate - slowing down
PRICE ACTION
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