Thursday, October 22, 2020

Market Update: Days before USA Election

 Market has totally lost sense of direction.

It has been a directionless week for market, despite of earning season.  NQ, ES both have been seeing range with bearish skew.  The tapes are filled with some sudden move driven by news of mixed reaction of hope and reality check..  It is seems like a storm is brewing days before election.

1. ES


2. NQ



3. GC



Even at this moment, the average daily range for NQ is up to 100 points, there are still lot of opportunity for two ways trading during US trading session, 



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