A realtime energy tip for Nasdaq merchants

NASDAQ Futures – Six-Hour Order Stream Evaluation
(from orderFlow Intel at investingLive.com – previously ForexLive)

Over the previous six hours, NASDAQ futures have moved by two clear phases. Early on, consumers managed a gradual restoration from an preliminary dip, absorbing promoting and pushing greater. However within the last accomplished hour, that momentum shifted. Sellers got here in onerous, rejecting greater costs and urgent the market again beneath each the session’s VWAP and level of management.

This modification in tone suggests the sooner bounce was possible a reduction transfer moderately than the beginning of a sustained rally. So long as worth stays below VWAP, the order stream favors the sellers.

What’s distinctive about orderFlow Intel is its skill to merge reside order stream information — monitoring the place aggressive consumers or sellers are literally stepping in — with key market construction ranges. This provides merchants and traders a “behind the scenes” view of who’s actually in management, and when that management adjustments. It’s not nearly charts — it’s about studying the market’s precise transactions to anticipate the following transfer.

investingLive.com Energy Tip: Bears are eyeing 23,862, 23,796, and 23,750. In the event you’re already brief, contemplate taking partial income simply above these ranges. They’re pure magnets for worth and will spark counter-moves as resting purchase orders get triggered.

Present Lean: Bearish bias into the following part, however watching carefully — a VWAP reclaim 23,960 might flip the story quick.

This text was written by Itai Levitan at investinglive.com.