Tuesday, January 28, 2014

Market Profile & Outlook

Market Outlook

MONTHLY - Bullish. However fourth month higher. Overbought on this time frame. 

WEEKLY - Bearish. Large weekly decline engulfing last four weeks of consolidating action. 

DAILY - Bearish. A move below prior day's low, however trendline support and prior highs have held thus far. Outlook becomes more bearish if we close a daily bar below yesterdays low.


Dow Jones Industrial Average16417.01-41.23-0.26%
S&P 500 Index1781.56-8.73-0.49%
Nasdaq Composite4083.61-44.56-1.08%
Nasdaq 1003509.02-32.46-0.92%
Russell 20001127.73-16.41-1.43%
Spot Gold1256.67-14.30-1.13%
Crude Oil95.73-1.19-1.23%
NYSE Overall Volume3,992,839Kn/a-13.80%
Nasdaq Overall Volume2,357,846Kn/a-4.73%
NYSE Breadth2.34 : 1negative
Nasdaq Breadth4.25 : 1negative
NYSE Breadth Ratio29.98
Nasdaq Breadth Ratio19.04
NYSE Advancers/Decliners-1477
Nasdaq Advancers/Decliners-1410
NYSE Trin1.56
Nasdaq Trin1.18
$VIX12.530.25
Market Profile and Pivot Points for ES and NQ for Tuesday 
How to put value areas and breadth bubbles on your charts - click here
ES
NQ
Value Area High1787.253527.50
Point of Control1781.253508.00
Value Area Low1774.753492.00
R31812.833604.25
R21801.923573.00
R11788.833538.00
Pivot1777.923506.75
S11764.833471.75
S21753.923440.50
S31740.833405.50

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