NQ's Price is well below the crossed SMA's above, as well
the Cloud's Span (White Line).
Consecutive conventional moves lower were proved out
on the Failures @ .500 and then. 382. as the Week Progressed.
___________________________________________________
With the FOMC minutes arriving Wednesday and important
Macro Data ahead this week. Observing how the NQ Responds
to the Number will provide further information on how effectively
the overall Mood has soured.
MONDAY, JAN. 3
9:45AM - Markit Manufacturing PMI Final
9:45AM - Construction Spending
TUESDAY, JAN. 4
10:00AM - ISM Manufacturing Index
10:00AM - Job openings
WEDNESDAY, JAN. 5
8:15AM - ADP Employment Report
9:45AM - Markit services PM
2:00PM - FOMC minutes
THURSDAY, JAN. 6
8:30AM - Initial Jobless Claims
8:30AM - Continuing Jobless Claims
8:30AM - Trade Deficit
10:00AM - ISM Services Index
10:00AM - Factory Orders
FRIDAY, JAN. 7
8:30AM - Nonfarm Payrolls
8:30AM - Unemployment Rate
8:30AM - Average Hourly Earnings
3:30PM - Consumer Credit
the Cloud's Span (White Line).
Consecutive conventional moves lower were proved out
on the Failures @ .500 and then. 382. as the Week Progressed.
___________________________________________________
With the FOMC minutes arriving Wednesday and important
Macro Data ahead this week. Observing how the NQ Responds
to the Number will provide further information on how effectively
the overall Mood has soured.
MONDAY, JAN. 3
9:45AM - Markit Manufacturing PMI Final
9:45AM - Construction Spending
TUESDAY, JAN. 4
10:00AM - ISM Manufacturing Index
10:00AM - Job openings
WEDNESDAY, JAN. 5
8:15AM - ADP Employment Report
9:45AM - Markit services PM
2:00PM - FOMC minutes
THURSDAY, JAN. 6
8:30AM - Initial Jobless Claims
8:30AM - Continuing Jobless Claims
8:30AM - Trade Deficit
10:00AM - ISM Services Index
10:00AM - Factory Orders
FRIDAY, JAN. 7
8:30AM - Nonfarm Payrolls
8:30AM - Unemployment Rate
8:30AM - Average Hourly Earnings
3:30PM - Consumer Credit