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The NASDAQ 100 has gone back and forth during the trading session on Tuesday, forming a very ugly candlestick as it looks like we are going to continue to struggle to get above the 9000 handle.
The NASDAQ 100 initially tried to rally during the trading session on Monday, and did in fact to a point, but has pulled back to show signs of exhaustion towards the end of the day.
The S&P 500 initially fell during the trading session on Friday but then bounced as Europeans went home.
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The S&P 500 rallied a bit during the trading session on Thursday but gave back the gains in order to form a bit of a shooting star.
The NASDAQ 100 initially tried to rally during the trading session on Thursday but gave back quite a bit of the gains in order to form a massive shooting star.
The NASDAQ 100 is likely to see a bit of trouble just above, although we may have a little bit of upward pressure in the short term.
The S&P 500 bounced significantly during the trading session on Wednesday as the market has started to focus on the possibility of everything being awesome again
The S&P 500 has had a rough session on Tuesday, as the 50 day EMA continues to offer significant resistance right at the psychologically important 2800 handle.
The NASDAQ 100 is starting to adjust to a new reality, at least that is what it is starting to look like right now.
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The NASDAQ 100 has dropped during the Monday session as we continue to see a lot of weakness out there in general.
The S&P 500 has ended up forming a rather negative candlestick for the trading session on Monday as the week opened up rather soft.
The German index went back and forth during the trading session on Monday as traders came back to work with very little in the way of news flow
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The NASDAQ 100 gapped higher to kick off the trading session on Friday, after President Donald Trump suggested that the US economy could get back to work much quicker than people anticipated.
The S&P 500 is going to test a gap, regardless of which direction it moves now.