Nasdaq, Russell and 30-YR Bond Volatility

We had the 30-Year Bond futures giving us an early heads up of increasing volatility in the indices. In this video, we’ll evaluate whether that information proved to be useful in trading volatility on the indices.

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S&P, DOW and Nasdaq After the First Week of Trading in 2021

With the first full week of trading completed in 2021, we’ll review where the major markets ended in relation to technical levels.

Specifically, we’ll focus in on 6 markets:
1. S&P 500
2. DOW
3. Nasdaq
4. Russell 2K
5. Gold
6. Bonds

In the 4 major indices, we’ve tagged major Fibonacci extensions. While the S&P and Russell has hit its 1.272% extension, the Nasdaq has tagged its 2.00% extension. The DOW, on the other hand, has yet to hit any major extension from the Feb-March 2020 swing.

For

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Nasdaq Futures (NQ) Trade Walkthrough

In this video, we will do a step by step walkthrough of the 4 major index markets, spending extra time on the Nasdaq futures (/NQ).

We had trade setups that triggered on the Nasdaq and Russell futures, both of which were fairly nice winners. The Nasdaq hit both its first and second targets, while the Russell hit its first target only.

With the S&P and the DOW futures, we did not have any triggers that met our Volatility Box Trade Plan rules. The S&P (/ES) breached our Volatility Box entry li

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Pullback Levels on S&P and Nasdaq

With today’s selling pressure, supported by high volume, we’ll take a look at potential pullback zones in the S&P 500 (SPY) and Nasdaq (QQQ).

Using Fibonacci, we see in the Nasdaq that we’ve hit the 1.618 extension, and are now pulling back. With the S&P, we have open gaps below us, which look like they are likely to be filled.

In case you’re interested, you can also replicate the same process that we use in tonight’s video on the DOW and Russell as well, for pullback zones.

After discuss

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