Daily Market Overview 10th May 2023
US Equity Index Futures are trading lower with the NQ down .23%, the ES down .16%, the RTY down .06%, and the YM down .13%.
NQM23 is trading below Tuesday’s range of 13347.00 to 13250.50.
Daily trend is up with the key swing low at 11806.25 and swing high at 13348.75.
240 minute is sideways with the key swing high at 13370.25 and 13001.75.
ESM23 is trading below Tuesday’s range of 4153.00 to 4131.00.
Daily Trend is sideways with the key swing high at 4244.00 and key swing low at 3822.00.
240 minute trend is sideways with the key swing high at 4206.25 and swing low at 4068.75.
RTYM23 is trading inside Tuesday’s range of 1762.70 to 1741.40.
Daily Trend is down with the key swing high at 1954.60 and swing low at 1703.00.
240 minute trend is down with the key swing high at 1778.90 and swing low at 1707.90.
YMM23 is trading inside Tuesday’s range of 33726 to 33539.
Daily Trend down terminated with the with the key swing low at 31640 and swing high at 34275.
240 minute trend is down with the key swing high at 34363 and swing low at 33004.
Treasury Futures are trading higher with the 30 Yr. up .31% and the 10 Yr. up .07%.
USM23/ZBM23 is trading inside Tuesday’s range of 130 16/32 to 129 18/32.
Daily trend up terminated with the key swing high at 134 16/32 and swing low at 122 22/32.
240 minute trend is sideways with the key swing low at 129 6/32 and swing high at 134 14/32.
TYM23/ZNM23 is trading inside Tuesday’s range of 115’15.5 to 115’01.5.
Daily trend up terminated with the key swing high at 116’28.5 and key swing low at 110’12.5.
240 minute trend is sideways with the key swing low at 113’26.0 and swing high at 117’01.5.
Currency Futures are trading mixed with the Euro down .08%, the Yen down .02%, and the Pound up .01%.
ECM23/6EM23 is trading inside Tuesday’s range of 1.10310 to 1.09665.
Daily trend is sideways with the key swing high at 1.11105 and swing low at 1.05805.
240 minute trend is up with the key swing low at 1.09470 and swing high at 1.11290.
JYM23/6JM23 is trading inside Tuesday’s range of .74685 to .74330.
Daily trend is down with the key swing high at .78110 and swing low at .73055.
240 minute trend is down with the key swing high at .75790 and swing low at .73055.
/6JM23.
BPM23/6BM23 is trading inside Tuesday’s range of 1.2651 to 1.2590.
Daily trend is up with the key swing low at 1.2370. No swing high has developed as of this writing.
240 minute trend is up with the key swing low at 1.2534 and swing high at 1.2682.
Commodity Futures are trading lower with Gold down .25% and Crude Oil down 1.37%.
GCM23 is trading inside Tuesday’s range of 2045.1 to 2026.4.
Daily trend is up with the key swing low at 1953.7 and swing high at 2063.4.
240 minute trend up terminated with the key swing low at 1980.9 and swing high at 2063.4.
CLM23 is trading inside Tuesday’s range of 73.78 to 71.34.
Daily trend down terminated with the key swing low at 64.58 and swing high at 83.38.
240 minute trend is down with the key swing high at 76.92 and swing low at 63.64.