After the Close: September 6, 2023

Candle Ranges (daily, points)

MonTueWedThuFri
/ES1320.7547.25
/NQ66.5144203.75

Economic News

  • Services PMI came in better than forecast (54.5 vs 52.5)
  • Economic Release tomorrow: Unemployment Claims and FOMC Member Harker will speak

Observations

  • ES strong rejection of opening print (4493) after release of the PMI – found support at 4450 level
  • NQ attempted to enter Value Area but broke down after the release of the PMI number
  • Tomorrow will be watching how ES resolves at the 4470 level
Market Sep 6, 2023
/ES & /NQ Sep 6, 2023