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.
Total tiny profit $70 (TST)
Comment below with your opinions and questions.