After the Close: September 11, 2023

Candle Ranges (daily, points)

MonTueWedThuFri
ES24
NQ158.75
GC9.1

Economic News

  • None

Observations

  • ES (S&P 500 Index Futures)
    • Contract rollover day
    • Gap up day, initial drive higher hit a rejection at the 4544 level, which is the bottom of the gap from Sep 6 (that gap range is 4544-4552).
    • Second half of trading day kept us around the opening print (4538)
  • NQ (Nasdaq 100 Index Futures)
    • Contract rollover day
    • Gap up day, gap was filled, 15540 level provided support.
    • In second half held VWAP, traded above the opening print, broke through 15650 level, and ended the day in a potential bull flag consolidation
  • GC (Gold Futures)
    • Continues to hit resistance at 1954. Finding support between 1940-1944.
  • Stocks
    • Nvidia (NVDA): strong push down at open, found support at $443 ($442 is an important support level), will be monitoring on if this level holds.
ES & NQ Sep 11, 2023
ES & NQ Sep 11, 2023