NASDAQ Futures – Six-Hour Order Circulation Evaluation
(from orderFlow Intel at investingLive.com – previously ForexLive)
Nasdaq Futures Value on the Time of orderFlow Intel Report
Over the previous six hours, NASDAQ futures have moved by way of two clear phases. Early on, patrons managed a gentle restoration from an preliminary dip, absorbing promoting and pushing greater. However within the remaining accomplished hour, that momentum shifted. Sellers got here in arduous, 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 doubtless a reduction transfer moderately than the beginning of a sustained rally. So long as worth stays below VWAP, the order movement favors the sellers.
What’s distinctive about orderFlow Intel is its capability to merge stay order movement information — monitoring the place aggressive patrons or sellers are literally stepping in — with key market construction ranges. This offers merchants and traders a “behind the scenes” view of who’s actually in management, and when that management modifications. It’s not nearly charts — it’s about studying the market’s precise transactions to anticipate the subsequent transfer.
investingLive.com Energy Tip: Bears are eyeing 23,862, 23,796, and 23,750. In the event you’re already brief, think about 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 subsequent section, however watching carefully — a VWAP reclaim 23,960 might flip the story quick.