AlgoIndex Blog
Daily institutional reviews and longer-form market research. The same analysis that drives our automated trading strategies.
Crude Oil 101.41: Long From 99.80 to 100.10 at the Pivot
November crude settled at 101.41, its seventh higher settle in a row, after a new 52-week high at 101.90. Monday's long sits at 99.80 to 100.10.
Gold Futures 4,181.1: Short 4,205 to 4,215 Into Monday
December gold settled at 4,181.1 after Friday's high reached the 4,215 to 4,225 short band and faded. Levels and the 4,205 to 4,215 short for Monday.
Nasdaq Futures 29,391.50: Outside Day, Short at the Pivot
December Nasdaq-100 futures fell 752.25 points to 29,391.50 for a fifth lower settle. Levels, the 29,600 to 29,660 short and the weekend gap.
S&P Futures 7,704.25: Short 7,725 to 7,735 at the Pivot
December S&P futures settled at 7,704.25, down 86.75 in an outside day. Levels, the 7,725 to 7,735 short and the Sunday 6:00 PM ET reopen.
Crude Oil 97.97: Long From 96.40 to 96.70 at the Pivot
November crude settled at 97.97, its sixth higher settle in a row, after an outside day from 93.58 to 98.32. Friday's long sits at 96.40 to 96.70.
Gold Futures 4,170.1: Short 4,215 to 4,225 Into Friday
December gold settled at 4,170.1, up 1.51 percent, after running through Thursday's short band. Levels and the 4,215 to 4,225 short for Friday.
Nasdaq Futures 30,143.75: Fourth Lower Settle, Short at R1
December Nasdaq-100 futures settled at 30,143.75 for a fourth lower settle after a 521.25 point rebound. Levels, the 30,330 to 30,390 short and import prices.
S&P Futures 7,791.00: Short 7,820 to 7,826 at Pivot R1
December S&P futures settled at 7,791.00, up 20.75, ending three lower settles. Levels, the 7,820 to 7,826 short and Friday's import prices.
Crude Oil 95.09: Long From 94.05 to 94.35 Before Inventories
November crude settled at 95.09, its fifth higher settle in a row, after a 93.97 to 96.06 session. Thursday's long sits at 94.05 to 94.35.
Gold Futures 4,107.9: Short 4,145 to 4,155 Before PPI
December gold settled at 4,107.9, down 1.66 percent, after a 4,193.5 high 6.5 under Wednesday's band. Levels and the 4,145 to 4,155 short for Thursday.
Nasdaq Futures 30,182.75: Third Lower Settle, Short at Pivot
December Nasdaq-100 futures settled at 30,182.75, down 608.75 points, for a third lower settle. Levels, the 30,380 to 30,440 short and PPI.
S&P Futures 7,770.25: Short 7,797 to 7,803 Before PPI
December S&P futures settled at 7,770.25, down 85.50, after a 138.75 point outside day. Levels, the 7,797 to 7,803 short and Thursday's producer prices.
Crude Oil 94.14: Long From 93.60 to 93.90 Into the CPI Print
November crude settled at 94.14, its fourth higher settle in a row, after a 91.70 to 95.11 session. Wednesday's long sits at 93.60 to 93.90.
Gold Futures 4,177.3: Short 4,200 to 4,210 Before CPI
December gold settled at 4,177.3, down 0.32 percent, after a 4,224.8 high 1.2 under Tuesday's band. Levels and the 4,200 to 4,210 short for Wednesday.
Nasdaq Futures 30,791.50: Lower Low, Short Into Pivot R1
December Nasdaq-100 futures settled at 30,791.50 after a lower high and a lower low, down 106.75 points. Levels, the 30,920 to 30,980 short and CPI.
S&P Futures 7,855.75: Long 7,836 to 7,842 Before CPI
December S&P futures settled at 7,855.75, down 2.25, in a 29.50 point range. Levels, the 7,836 to 7,842 long and the September CPI on Wednesday.
Crude Oil 93.74: Long From 92.50 to 92.80 After Outside Day
November crude settled at 93.74 after an 89.61 to 94.36 outside day that spanned Monday's stop and targets. Tuesday's long sits at 92.50 to 92.80.
Gold Futures 4,190.6: Short 4,226 to 4,236 at Pivot R1
December gold settled at 4,190.6, down 0.61 percent, after a 4,242.3 high 3.7 under Monday's band. Levels and the 4,226 to 4,236 short for Tuesday.
Nasdaq Futures 30,898.25: Outside Day, Short Near the Pivot
December Nasdaq-100 futures settled at 30,898.25 after an outside day, down 210.50 points. Levels, the 31,000 to 31,060 short and the week's CPI.
S&P Futures 7,858: Long 7,836 to 7,842 Around Pivot S1
December S&P futures settled at 7,858.00, down 1.75, in a 40.75 point range. Levels, the 7,836 to 7,842 long and bank results ahead of CPI.
Crude Oil 91.85: Long Needs a Reclaim of Pivot S1 at 90.52
November crude settled at 91.85, then hit 89.63 Sunday night, under the 89.65 stop. The 90.50 to 90.80 long now needs a reclaim of 90.52.
Gold Futures 4,216.3: Short 4,246 to 4,256 at Pivot R1
December gold settled at 4,216.3, up 1.43 percent, and traded near 4,228.6 Sunday night, 17.4 under the band. Levels and the 4,246 to 4,256 short.
Nasdaq Futures 31,108.75: Inside Day, Long Near Pivot S1
December Nasdaq-100 futures settled at 31,108.75 on an inside day and traded near 31,186.25 Sunday night. Levels, the 30,950 to 31,010 long.
S&P Futures 7,859.75: Long 7,828 to 7,836 Near Pivot S1
December S&P futures settled at 7,859.75, up 43.50, and traded near 7,881.00 Sunday night. Levels, the 7,828 to 7,836 long and a CPI week.