Daily Market Overview 17th May 2023
US Equity Index Futures are trading mixed with the NQ up .04%, the ES down .07%, the RTY down .28%, and the YM down .24%.
NQM23 is trading inside Tuesday’s range of 13554.50 to 13426.25.
Daily trend is up with the key swing low at 12800.00. No swing high has developed as of this writing.
240 minute is up with the key swing low at 13310.50. No swing high has developed as of this writing.
ESM23 is trading inside Tuesday’s range of 4151.50 to 4120.00.
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 1768.00 to 1739.70.
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 33397 to 33032.
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 .36% and the 10 Yr. up .24%.
USM23/ZBM23 is trading inside Tuesday’s range of 130 12/32 to 128 22/32.
Daily trend up terminated with the key swing high at 134 16/32 and swing low at 122 22/32.
240 minute trend is down with the key swing high at 133. No swing low has developed as of this writing.
TYM23/ZNM23 is trading inside Tuesday’s range of 115’18.5 to 114’23.0.
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 higher with the Euro up .20%, the Yen up .20%, and the Pound up .05%.
ECM23/6EM23 is trading below Tuesday’s range of 1.09260 to 1.08755.
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 1.09260. No swig low has developed as of this writing.
JYM23/6JM23 is trading below Tuesday’s range of .74090 to .73530.
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 below Tuesday’s range of 1.2556 to 1.2475.
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 1.2556. No swing high has developed as of this writing.
Commodity Futures are trading mixed with Gold down .49% and Crude Oil up .23%.
GCM23 is trading inside Tuesday’s range of 2022.7 to 1989.1.
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 71.79 to 70.45.
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.