AlgoIndex Blog
Daily institutional reviews and longer-form market research. The same analysis that drives our automated trading strategies.
S&P 500 Futures Head Into the Fed Sitting Near a One-Month Low
December S&P 500 futures settled at 7,656.00 near a 7,643.50 one-month low as 10-year yields topped 5%. Levels and the Fed-day setup for September 16.
Crude Oil Futures Reject 104 Again as the Curve Stays Tight
October WTI hit a 104.95 contract high and settled at 101.39 as de-escalation headlines hit. Levels, curve, positioning and the September 15 setup.
Gold Futures Couldn't Rally on a Closed Strait of Hormuz
December gold hit a one-month low at 4,293.0 as the dollar and yields outweighed a closed Hormuz. Levels, positioning and the setup for September 15.
Nasdaq 100 Futures: Chips Broke, Software Caught the Fall
Chipmakers fell about 6 percent and software rose 5 percent as NQ settled at 29,449.50. Levels, hedging flow and the setup for Tuesday, September 15.
S&P 500 Futures Start Tuesday Sitting on Their Own Pivot
December S&P 500 futures settled at 7,692.75, on the 7,691.25 pivot, after a chip sell-off. Levels, positioning and the setup for Tuesday, September 15.
At the Annual High, Crude Runs Out of Structure
Crude is the only instrument in this package with a confirmed trend, and the weekend added to it. The 104.26 to 104.46 band, the pivot ladder and the long setup for Monday September 14.
Against the Macro: Gold’s Last Dense Support Before a 30 Dollar Gap
Gold fell alongside equities while crude surged, so the rate channel is outweighing the haven channel. The 4,328 to 4,333 band and the tactical long for Monday September 14.
Below 29,000: Nasdaq-100 Walks Into Fed Week Without Its Support Base
Technology lost its cash 29,000 put side support base overnight while the broad market held its equivalent line. Levels, positioning and the short setup for Monday September 14.
ES Into Monday: A Support Zone That Already Got Probed
The September E-mini probed 7,604.25 on the Sunday reopen, beneath both conversions of the modeled flip level, then recovered. Levels, positioning and the setup for Monday September 14.
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.