Solid non-true gap higher back up into yesterday’s expanded range Overnight inventory not 100% net long but close June PCE prices rose a tiny bit but with very little effect…

Balanced overnight inventory trading just slightly inside of  RTH range Overnight activity had price exploration lower and outside of range which is more bearish than if not Weekly Initial Claims…

True gap lower on very short o/n inventory; gap rules are in play Futures currently trading at or near 7.19 swing low Tesla (TSLA) down 8.1% and Alphabet (GOOG) down 3.9% following their…

Non true gap lower within yesterday’s RTH range Almost all overnight activity is within the value area Very minimal price exploration outside of RTH range (short covering is slowing) June…

Solid non true gap higher up into Friday’s range Overnight activity failed to move below RTH Low GOOGL & TSLA report tomorrow There is no U.S. economic data of note…

Very flat open on very balanced overnigth inventory Yesterday’s low tested the 21ema on the SPX daily Earnings reports from Netflix (NFLX), American Express (AXP), Travelers (TRV), SLB Corp. (SLB),…

Non true gap higher on 100% net long overnight inventory Carry forward failure of futures to move below RTH Low in o/n session Encouraging earnings results and guidance from Taiwan Semi…

True gap lower on almost 100% net short o/n inveotory Weakness in NVIDIA (NVDA) and other chipmakers on Bloomberg report Biden Administration is looking to tighten export restrictions to China Cash market will more…

Non-true gap higher on very balanced o/n inventory shows that market deems prices quite fair right where they are June Retail Sales came in higher than expected; slight upside reaction…

Net long o/n inventory with a large upside gap up inside of Friday’s range Lack of downside follow through is one of the main parts of the narrative right now…