Nov 20, 2018 – Hit the Button

Premarket Insight

Indices continue to fall into today’s futures session coming into the premarket hours.  Nasdaq futures currently down more than 1.20 %. Plus, third-quarter earnings season begins to draw to a close with some of the last key retail names reporting before the open and after the close. This list includes Target ($TGT), Best Buy ($BBY) and Lowe’s ($LOW). Economic Outlook showing building permits before the open.

 

Premarket insight showing a pretty strong premarket with NQZ18 and CLF19 above the 100k volume mark. GCZ18 is not far behind with more than 90k of volume. Euro Fx futures traded sideways until dropping hard around 03:00 EST. Gold futures bouncing bullish to neutral. Inversely, CL trading bearish to neutral, after a rejection from its open about an hour ago.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Broke the little winning streak. Total Loss $-60

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Nov 19, 2018 – Shellshock

Premarket Insight

Markets are pretty active to start out this short week. As expected, not much is scheduled on the Economic Outlook for this week with the busiest day being Wednesday. Apple gets the spotlight today with iPhone production news. Nasdaq futures retesting support created in the early hours of today’s futures session, currently trading bearish more than 0.34%. Resistance remains at the daily 9 EMA so far.

 

Premarket volume check showing moderate strength with CLF19 leading the way over the 100k volume mark as has been the norm this month. GC and 6E hanging out with neutral trading as CL trades bearish. Crude takes a dive of more than 0.50% in the European trading hours. It’s currently running into some support from last Friday.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total tiny profit $70 (TST)

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Nov 16, 2018 – Early Day

Premarket Insight

Not much stands out this Friday as we close out the week. Headlines only pointing out China trade talks and disappointing earnings news from Nvidia, which could be the cause of early morning selloff for Nasdaq futures. As of 08:00, NQ has traded down more than 0.75%, but still a good distance away from support at the 6760 area. However, we are seeing heavy resistance from the daily 9 EMA.

 

Premarket volume check showing moderate strength with CLF19 above the 100k of volume mark. Today a majority of volume made the swing over to contract month F for Crude Oil. Crude also climbing higher in the premarket, up more than 1.50% before 08:00 EST. While Gold and Euro Fx futures are bullish, both are practically trading sideways.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total Profit $315 (TST)

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”