Welcome back everyone!
Today's session proved exceptional as both the Emini and Nasdaq found early support at long levels. The Emini outperformed, reaching the long target with a net gain of 27 handles, setting the HOD. Although the Nasdaq didn't quite meet my target, it still managed to secure an impressive 100-handle upside move.
However, Oil failed to make a significant impact on the market, as neither the long nor short targets were reached during the session. Meanwhile, Gold experienced a notable gap down at the session's outset, plummeting all the way to the target level. Overall, futures once again moved precisely as dictated by the market structure.
Looking ahead to tomorrow, we anticipate another pivotal session with a focus on key earnings reports that I've covered, alongside the release of CPI data.
Now, let's dive into the analysis for the upcoming week!