Heads-Up Trading 30th May 2023

Daily Market Overview 30th May 2023

 

US Equity Index Futures are trading mixed with the NQ up .60%, the ES up .16%, the RTY down .06%, and the YM down .20%.

 

NQM23 is trading above Monday’s range of 14459.75 to 14367.50.

Daily trend is up with the key swing low at 12800.00 and swing high at 13979.25.

240 minute is up with the key swing low at 13566.50.  No swing high has developed as of this writing.

 

ESM23 is trading inside Monday’s range of 4243.25 to 4220.25.

Daily Trend is sideways with the key swing high at 4244.00 and key swing low at 3822.00.

240 minute trend is up with the key swing low at 4114.00.  No swing high has developed as of this writing.

 

RTYM23 is trading inside Monday’s range of 1791.70 to 1775.30.

Daily Trend is down with the key swing high at 1954.60 and swing low at 1703.00.

240 minute trend is sideways with the key swing high at 1823.70 and swing low at 1742.70.

 

 

YMM23 is trading below Monday’s range of 33330 to 33157.

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 33731 and swing low at 32619.

 

 

Treasury Futures are trading higher with the 30 Yr. up .49% and the 10 Yr. up .37%.

                                                                                                                                      

USU23 is trading above Monday’s range of 127 to 125 22/32.

Daily trend up terminated with the key swing high at 134 12/32 and swing low at 123 4/32.

240 minute trend is down with the key swing high at 127 21/32 and swing low at 125 9/32.

 

TYU23 is trading above Monday’s range of 113’16.5 to 112’29.5.

Daily trend up terminated with the key swing high at 117’25.5 and key swing low at 110’27.5.

240 minute trend is down with the key swing high at 114’18.5 and swing low at 112’29.5.

 

Currency Futures are trading higher with the Euro up .04%, the Yen up .54%, and the Pound up .59%.

 

ECM23 is trading inside Monday’s range of 1.07565 to 1.07175.  

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 1.07740 and swing low at 1.06850.

                                                

JYM23 is trading above Monday’s range of .71600 to .71190.

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 .71925 and swing low at .71190.

 

BPM23 is trading above Monday’s range of 1.2378 to 1.2341.

Daily trend up terminated with the key swing high at 1.2692.  No swing low has developed as of this writing.

240 minute trend down terminated with the key swing low at 1.2314.  No swing high has developed as of this writing.

 

Commodity Futures are trading mixed with Gold up .52% and Crude Oil down 1.27%.

                                                                                                                              

GCQ23 is trading above Monday’s range of 1968.2 to 1958.0.

Daily trend up terminated with the key swing high at 2102.2.  No swing low has developed as of this writing.

240 minute trend is down with the key swing high at 1975.7 and swing low at 1949.6.

 

CLN23 is trading inside Monday’s range of 73.55 to 72.04.

Daily trend down terminated with the key swing low at 64.67 and swing high at 82.91.

240 minute trend is down with the key swing high at 76.74 and swing low at 63.90.

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