MrTopStep

Why are bonds up 20% and the S&P futures (ESU16:CME) up over 4.5% for the year? Has crude oil disconnected from the the S&P 500? With the Fed unable to raise interest rates and Europe bracing...

Gold is moving higher in impulsive fashion after the Brexit vote and could be now trading near some possible reversal zones as red wave 5) is searching for its high. After wave 5) is completed, a...

After opening Monday up 25.50 handles at 2084.25, the S&P futures ran up, making a high at 2092.50 in the first hour. From there the index made a series of lower highs and lower lows into the last...

Those who are bullish on U.S. stocks might be better off buying ETFs that track European equities than those that track American indexes, based on recent market history.Over the past five years, the...

We knew there was going to be a big drop in the May non farm payroll number due to over 40k people out of work because of the Verizon Communications Inc (NYSE:VZ) strike, and when the 7:30 CT number...

The S&P 500 futures (ESM16:CME) stopped short of its 2103.75 Globex high, and crude oil futures (CLN16:NYM) sold off from a high of $50.10 and made a late day low at $48.81. The S&P futures...

A big part of trading is being able to read old and new price action. After a sell off down to 2022.00 last Monday, that price action went from negative to positive. Why? If you ask the...

Last Friday’s trading range was 12.75 handles on 1.5 million volume. Mondays range was 8.75 handles with volume of 1.1 million. Tuesdays range was 21.25 and volume was 1.5 million while...

The S&P 500 futures go up, and the S&P 500 futures go down, but they almost always go up quicker then they go down! Why is the price action like that? Because the short sellers all pile in at...

The S&P 500 futures acted weak and traded lower on Monday’s close.After trading down to 2022.00 last Thursday, the ESM, which closed lower 6 out of the last 9 sessions, came to life on the...

Last week, the S&P 500 futures rallied to open the week, but then broke down after making a 2068.50 high Monday. The ES traded weak Tues/Wed/Thurs, taking out the May 6th 2030.50 low and the April...

It’s only May 20, and not only is volatility up, but so are the volumes. On Wednesday, the CME Group’s (CME) S&P 500 futures (ESM16:CME) total volume was 1.86 million contracts....

Levels, levels and more levels is the name of this game. It does not matter if it’s the bonds, the S&P 500 or the currencies, it’s all about the levels. After an up day on Monday, and...

A trader told me Tuesday to throw out all my research and indicators because they just don't work anymore. He said everything is controlled by the PPT and the global central banks. He went on to say...

When the S&P 500 futures closed weak on Friday, and traded down to 2035.00 Sunday night, the futures could not have looked any worse. By 2:45 CT Monday afternoon that early weakness had been...

In the old days, Friday's used to be the slowest day of the week. Traders taking the day off to go the the Hamptons, or just making the two-day weekend into a three-day weekend, but that’s not...