Daily Market Overview 15th May 2023
US Equity Index Futures are trading higher with the NQ up .29%, the ES up .33%, the RTY up .53%, and the YM up .29%.
NQM23 is trading inside Friday’s range of 13494.25 to 13310.50.
Daily trend is up with the key swing low at 12800.00. No swing high has developed as of this writing.
240 minute up terminated with the key high at 13494.25. No swing low has developed as of this writing.
ESM23 is trading inside Friday’s range of 4164.50 to 4111.75.
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 Friday’s range of 1763.10 to 1734.90.
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 Friday’s range of 33544 to 33163.
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 lower with the 30 Yr. down .31% and the 10 Yr. down .09%.
USM23/ZBM23 is trading below Friday’s range of 131 30/32 to 130 17/32.
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 below Friday’s range of 116’07.0 to 115’13.0.
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 up .06%, the Yen down .38%, and the Pound up .31%.
ECM23/6EM23 is trading inside Friday’s range of 1.09580 to 1.08700.
Daily trend is sideways with the key swing high at 1.11105 and swing low at 1.05805.
240 minute trend is down with the key swing high at 1.10320 and swing low at 1.08670.
JYM23/6JM23 is trading below Friday’s range of .74805 to .74040.
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.
BPM23/6BM23 is trading inside Friday’s range of 1.2550 to 1.2454.
Daily trend is up with the key swing low at 1.2370 and swing high at 1.2692.
240 minute trend is down with the key swing high at 1.2550 and key swing low at 1.2454.
Commodity Futures are trading higher with Gold up .07% and Crude Oil up .24%.
GCM23 is trading inside Friday’s range of 2027.8 to 2005.7.
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 Friday’s range of 71.78 to 69.93.
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.