Overnight session:
NQ hit a low of 1705.50 right at the open, closing Friday's gap (1709.50). Now back above weekly pivot (1717.50). ES gap close is much further down (1204) and not in jeopardy for now. Bonds are slightly off, gold is up (the "in" hedge).
YM traders, your Friday gap is at 10994, low so far is 11150, we are holding the 10 dma (11165).
NQ hit a low of 1705.50 right at the open, closing Friday's gap (1709.50). Now back above weekly pivot (1717.50). ES gap close is much further down (1204) and not in jeopardy for now. Bonds are slightly off, gold is up (the "in" hedge).
YM traders, your Friday gap is at 10994, low so far is 11150, we are holding the 10 dma (11165).
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