Mid-Session Market InsightsMid-Session Market Insights
In today's session, I'm closely monitoring eight different futures markets: S&P 500, NASDAQ 100, Russell 2000, Gold, Crude Oil, Euro Dollar, Yen Dollar, and Aussie Dollar.
S&P 500: We're seeing a rotational pattern within the prior day's value area and the CVA. I'm eyeing long opportunities from the prior value area low up to the high.
NASDAQ 100: The market is a bit choppy around the PVA and CVA highs, with a slight upward intraday trend. I'm staying cautious here.
Russell 2000: Also choppy, but we've got acceptance within the CVA. I'm looking for long opportunities from the CVA low, which aligns with the prior day's low.
Euro Dollar: I'm currently short from the CVA high, with the first target at the prior day's low. We've broken below the prior value area, so I'll trail this trade and see how it develops.
Yen Dollar: It’s been a bit of a mixed bag. I took a short below the CVA and prior day's low, got stopped out, but it was still a decent setup.
Aussie Dollar: I took some long positions that weren't the best setups, as it was quite choppy near the CVA high and prior day's low. Lesson learned for next time.
Crude Oil: I took a short from the CVA and PVA highs, hit my target at the low of those areas, and we’re currently hovering around that level.
