AlgoIndex Blog
Daily institutional reviews and longer-form market research. The same analysis that drives our automated trading strategies.
Crude Oil Extends a Fifth Straight Gain and Sets Up Another Pullback Buy
Crude oil settled 96.05 Wednesday at a new 52-week high after a 3.25 percent advance. The Thursday plan buys a pullback into the 94.90 to 95.60 band below the 96.93 high.
Gold Outlook: Buy the Pullback Above the 50-Day
Gold rose 0.49 percent Wednesday to settle at 4,460.7 in a firm reversal close; the plan buys pullbacks into the 4,436 to 4,449 shelf toward 4,491 and 4,507 ahead of the August inflation report.
Nasdaq-100 (NQ) Outlook: Leaning Long Into the Corridor Boundary
September Nasdaq-100 settled 29,448.75, down 0.30 percent inside a positive-gamma corridor. Thursday leans long into the 29,320 to 29,380 lower boundary ahead of producer prices.
S&P 500: Fading the Recovery Into Resistance
The S&P futures settled in the lower quartile for a third straight down day, sitting on the decision band. Why Thursday fades a recovery into the 7,680 to 7,691 resistance before producer prices.
Crude Oil Prints a New 52-Week High and Sets Up a Pullback Buy
Crude oil settled 93.03 Tuesday at a new 52-week high after a 1.69 percent advance. The Wednesday plan buys a pullback into the 92.70 to 93.10 band below the 94.73 high.
Gold Outlook: Fade the Rally Below the 20-Day
Gold fell 0.84 percent Tuesday to settle at 4,439.0 as yields firmed toward 4.80; the plan fades rallies into the 4,475 to 4,492 band toward the 4,436 pivot.
Nasdaq-100 (NQ) Outlook: Buying the Support Confluence Retest
September Nasdaq-100 settled 29,538.75, down 0.09 percent and pinned to its 20-day average. Wednesday buys a retest of the 29,388 to 29,425 support confluence.
S&P 500: Fading the Retest Into Resistance
The S&P futures closed at the bottom of the range on a late geopolitical break. Why Wednesday fades a failed retest into the 7,700 to 7,716 resistance band before the auction.
Crude Oil Reclaims a Broken Support Shelf and Sets Up a Retest Buy
Crude oil settled 91.48 Friday after reclaiming a support break beneath 89. The Tuesday plan buys a retest of the 89.30 to 89.90 shelf below the 92.17 high.
Gold Outlook: Sell the Failed Retest After Payrolls
Gold fell 1.39 percent Friday to settle at 4,476.6 on a hot jobs print; the plan sells failed retests of the 4,519 to 4,539 band toward the 4,476 pivot.
Nasdaq-100 (NQ) Outlook: Buying the Retest of the Support Confluence
September Nasdaq-100 settled 29,565.25, up 0.14 percent above every moving average. Tuesday buys a retest of the 29,468 to 29,499 support band.
S&P 500: Buying the Support Band After Payrolls
The S&P futures settled soft below the 20-day as rates repriced higher. Why Tuesday buys the pullback into the 7,698 to 7,706 support band before the auction.
Crude Oil Rejects a 93.14 Yearly High and Sets Up a Pullback Buy
Crude oil settled 91.30 Thursday and rejected a 93.14 yearly high on Hormuz risk. Friday's plan buys the pullback into the 90.40 to 90.90 band before payrolls.
Gold Outlook: Buy the Pullback Into Payrolls
Gold surged 2.84 percent Thursday to settle at 4,539.9; the plan buys pullbacks into the 4,462 to 4,478 base toward 4,558 ahead of Friday payrolls.
Nasdaq-100 (NQ) Outlook: Buying the Pullback Above the Higher-Low Ladder
September Nasdaq-100 settled 29,524.75, up 1.16 percent above four of five moving averages. Friday buys a pullback into the 29,360 to 29,410 band.
S&P 500: Buying the Confluence Band Into Payrolls
The S&P futures reclaimed every major average as rates repriced lower. Why Friday buys the pullback into the 7,720 to 7,730 confluence band before payrolls.
Crude Oil Rejects the Six-Week Shelf at 92.29, Sets Up a Pullback Buy
Crude oil settled 91.01 Wednesday and rejected a 92.29 six-week high on Hormuz escalation. Thursday's plan buys the pullback into the 89.20 to 89.80 band.
Gold Outlook: Buy the Reversal Pullback
Gold reversed off a five-session low Wednesday to settle at 4,414.6, up 0.65 percent; the plan buys pullbacks into the 4,415 to 4,435 shelf toward 4,490.
Nasdaq-100 (NQ) Outlook: Selling the Failed Retest Beneath the 100-Day
September Nasdaq-100 settled 29,186.25, a recovery close beneath four of five moving averages. Thursday sells a failed retest of the 29,213 to 29,239 band.
S&P 500: Buying the Pullback Into the Confluence Band
The S&P futures reclaimed the dealer gamma flip as rates repriced lower. Why Thursday buys the pullback into the 7,652 to 7,665 confluence band.
Crude Oil Sets a Fresh Contract High on Hormuz Escalation, Sets Up a Pullback Buy
Crude oil settled 90.22 Tuesday and touched a 92.29 contract high on a Strait of Hormuz escalation. Wednesday's plan buys the pullback into the 89.80 to 90.40 band beneath the 92.08 to 92.63 ceiling.
Gold Outlook: Sell Strength Into the Supply Band
Gold fell 2.79 percent Tuesday, the December contract settling at 4,396.4 in a confirmed downtrend; the plan sells strength into the 4,382 to 4,400 supply band with a stop at 4,428.
Nasdaq-100 (NQ) Outlook: Selling the Rally Into a Broken Average Stack
The September Nasdaq-100 settled 29,125.50 beneath four of five moving averages on a technology-led decline. Wednesday sells a rally into the 29,215 to 29,250 band beneath the pivot.
S&P 500: Selling the Rally Into the Pivot Band
The S&P futures closed beneath the dealer gamma flip as an oil shock lifted rates and volatility. Why Wednesday sells the rally into the 7,656 to 7,668 pivot band.