The Emini closed down 0.25 points at 1,508.50 on Tuesday. We had very high volume today at 1.7 million contracts traded – the largest volume since the low of 14 March 2007. The Emini rallied twice in the morning towards 1,520. The first time was on climactic volume and then the second test was on […]
Nasdaq and Dow Jones Archive
Emini-Watch.com its back after a short break. Strong bounce today confirming NASDAQ strength last week. The Emini closed up 15.25 points at 1,383.75 on Monday. Although the market fell all last week, we got signs of strength from the leading index on four of the five days. The question is now will the advance continue?
Very low volume on the Dow and NASDAQ today. The Emini closed down 1.5 points at 1,383.25 on Monday. We got the bounce anticipated after Friday’s action with the Emini closing 2 points above the open. However, is this correction going to continue and what is the NASDAQ telling us?
Divergence signals today. The Emini closed up 4 points at 1,384.75 on Tuesday. We got Trading Index (TRIN) and Dow / NASDAQ divergences today. Have you been tracking the NASDAQ or just been focused on the record-breaking DOW?
Dow and NASDAQ divergence today. The Emini closed up 1.25 points at 1,373.00 on Wednesday. Lots happening today: index divergence, Oops pattern and very high Emini volume. Is the evidence of a market turn mounting?
The Dow made a stronger up move than the NASDAQ today. The Emini closed up at 1,346.75 on Tuesday. This is the first sign of weakness weÃ¢â‚¬â„¢ve seen in the last 10 days. Keep reading below to understand how larger moves in the Dow can be used to identify market turning points.