Welcome back everyone!
Today's session was truly outstanding, with both the Emini and Nasdaq surpassing their long-term targets. The Emini's High of the Day (HOD) exceeded the 4812 long target, resulting in a remarkable gain of +27 handles. Meanwhile, the Nasdaq experienced a substantial rally, surpassing the long level at 16921 and delivering a remarkable +250 handles of upside beyond that point. It's worth noting that the Nasdaq's long target of 17038 proved to be quite conservative for today's session.
Oil also performed impressively by reaching the long target of 73.82, securing a net gain of +120 pips above the initial long level of 72.65. Gold attracted bids above my 2018.2 long level, although it fell short of reaching the target at 2032.1.
In the world of stocks, AAPL, META, GOOGL, and AMZN all experienced robust rallies above their respective long levels, once again generating substantial returns on this week's expiration contracts. On the other hand, TSLA faced continued selling pressure from the short level, resulting in a decline of 6 handles below that level.
Overall, today's session was nothing short of phenomenal, marked by the achievement of impressive price levels and significant movements across various assets.
Now, let's dive into the rest of my analysis for the upcoming session!