EXODUS! The day session continued the sell off that came after the release of the FOMC minutes on August 18th along with many markets across the globe. Most point to the weakness in China, oil still plunging and the devaluation of the Chinese currency as contributing factors. Opening gap down for the third day in a row, with another open rejection, reverse opening type, the market rallied first but quickly found sellers, unable to close the gap.

Stairs up, elevator down! The day session was once again a wild ride that continued the sell off that came after the release of the FOMC minutes. Opening gap down for the second day, this time we had an open rejection, reverse opening type, as the market rallied first but quickly found sellers..

The day session was one wild day as expected with the release of the FOMC minutes. Opening gap down with an open drive the market continued lower into last Wednesdays poor structure but found buyers around 2068 and rallied back to mid.

The day session was a balancing day with 2-way interest, staying completely within Tuesday’s upper two distributions closing 2 ticks below a prominent 10 period POC .

The day session was once again mostly a balancing day with 2-way interest, staying completely within Thursday’s range until after 3:00 PM CT, settling on the highs. The session did close with a higher VPOC and higher Value Area but on below average volume.

As of 06:30, the OVN ES has made a high at 2085.25, a low at 2053.75, currently trading at or near 2061.50. Our bull / bear zone today is at 2061.

Value Area High (VAH) 2100.00
Volume Point of Control (VPOC-MODE)) 2098.00
Volume Weighted Average Price (VWAP-MEAN) 2095.25
Value Area Low (VAL) 2093.00
Average Price (H+L)/2 2093.37
Pivot (H+L+C)/3 2095.50

As of 06:30, the OVN ES has made a high at 2083.50, a low at 2071.75, currently trading at or near 2081.00. Our bull / bear zone today is at 2071.50

As of 06:30, the OVN ES has made a high at 2099.25, a low at 2091.00, currently trading at or near 2097.25. Our bull / bear zone today is at 2093.50.

PRE-MARKET UPDATE FOR DAY SESSION ES..