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Peter’s Premarket Perspective Wednesday December 13, 2023

By Peter's Premarket Perspective

Continued strength in futures with no stronger sellers in sight. No high impact economic data this morning FOMC decision at 2pm ET and press conference at 2:30 Tomorrow morning is…

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Peter’s Premarket Perspective Tuesday December 12, 2023

By Peter's Premarket Perspective

Flattish open after initial surge on CPI data that didn’t hold. Ten year yield has surged higher after CPI release which ticked slightly higher. FOMC starts two day meeting today…

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Peter’s Premarket Perspective Monday December 11, 2023

By Peter's Premarket Perspective

Overnight range relatively muted and mostly around settlement and POC. New swing high on Friday but momentum seems a bit lagging with continued sector rotation. Economic data quiet today but…

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Peter’s Premarket Perspective Friday December 8, 2023

By Peter's Premarket Perspective

NFP data came in hotter than expected – 199k vs 150k in the prior reading. Futures gapped intrasession on that release which is relatively rare, moving outsided of range briefly…

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Peter’s Premarket Perspective Thursday December 7, 2023

By Peter's Premarket Perspective

Futures indicating relatively flat even after payroll data release. Daily bar on /ES was an outside day which covered prior three bullish sessions. 8 EMA on SPX and 21EMA on…

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Peter’s Premarket Perspective Wednesday December 6, 2023

By Peter's Premarket Perspective

True gap higher outside of range on o/n inventory skewed heavily net long. Single prints from 12.01 sesson will be in play today. Overall market continues to balance with a…

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Peter’s Premarket Perspective Monday December 4, 2023

By Peter's Premarket Perspective

Just missed the 4600 level in the cash by a hair on Firday.  This level may take a little time to resolve. Double distribution in Friday’s RTH profile.  Endpoints can…

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Peter’s Premarket Perspective Friday December 1, 2023

By Peter's Premarket Perspective

Yesterday’s RTH session completed the balance rules rotation back to balance are low but did not find further sellers past that area. We are now trading back in the middle…

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Peter’s Premarket Perspective Thursday November 30, 2023

By Peter's Premarket Perspective

Look above and fail yesterday bringing /ES back into recent balance area Potentialk for rotation back to lower end of balance is increased.  Kedy word: potential Almost all overnight activity…

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