Swing Trades DAX/DOW/NQ/GOLD

DOW & RUSSEL still very weak/bearish.

SnP on the edge to follow the NQ to the North. Sideways now at WPP/DPP/Y close
In 4300 <>4325 range

NQ tries to get above 15K. Between 2 GAPs. Like the weather. Could go anywhere from here.
So far in 15.000<>14.900 range

SnP & NQ in highly congested zone

DAX at 15.300 WS1 zone.
No plans to move so far.
DAX needs US direction and US need a trigger to move.

No serious news/No serious move

MNQ (MICRO) Long 14.998 6 lot
T1 +12p 4 lot
2 left
T2 +18p 1 lot
1 left SL BE
Closed +24/25p last lot at +0.25%

NQ (MINI) L 15.000 and closed +20p 1 lot

ES (MINI) L 4330 2 lot
T1 +3.5p
1 left

At Yest high +0.25% 4334
Closed +4p last lot

MES (MICRO) L 4328 6 lot
T1 +6p 4 lot
2 left SL BE
1 more closed +6p
1 left
Closed +5p last lot

Target 4345/50 zone

It looks the DAX wants to visit its 15K zone

NQ could drop from here to fill its old M TPO GAP 14.600<>14.400 zone

SnP hovers around 4300 BRN

US markets are waiting at DS1 zones

Money becomes (too) expensive for many compagnies.......

MNQ Long 14.932 8 lot
T1 +10/11p 4 lot
4 left
T2 +22/23p 3 lot
1 left
Closed +20p. Stuck at a 50 level.

Heading for 15K / Y Close

Chop/Scalp zone. Nothing more then that

MNQ Short 14.839
T1 +10p 3 lot
5 left
T2 +13p 3 lot
2 left
Closed -2/-3p last 2 lot

WPP is SP zone

MNQ Sh again 14.842
T1 +35/38p 6 lot
4 left
T2 +65/67p 2 lot
2 left
1 closed +52p
1 left/+25p locked in
Closed +46/47p last lot

Stuck at -1.5% 760/750/DS2 zone/broken now

NQ looks determined to close it old Monthly TPO GAP

MES Micro Short 4288

T2 +11p 3 lot
1 left/SL BE last
Closed +11p at WS1 4278 zone

ES MINI 1 lot short and closed +10p

If no SP comes in. US markets are gone make a new TPO GAPs above on the weekly TPOs

Friday Non Farm US

Next week first bank Q3 earnings when I am correct.

MARKETS
Something is breaking in financial markets

 

1. Rates are expected to stay higher for longer, an idea Fed officials have tried to get the market to accept and which investors are only now beginning to absorb.
2. Getting used to a more typical rate structure doesn’t sound like such a terrible thing. But after 15 years of living in an unnaturally low rate regime, normal sounds, well, abnormal.

10-year Treasury yield hits 4.80%, a 16-year high

Dow loses more than 400 points and goes negative for 2023 as interest rates spike

MNQ Short from Wk VWAP/WPP/+1.0% zone @ 14.874
T1 +10p 6 lot
T2 +12p 2 lot
2 left/SL BE zone
Closed -2/3p last 2 lot

MES L 4278 10 lot
T1 +6p 8 lot
2 left for +0.5% 4290
1 closed +5p
1 left SL BE
Closed +8p last lot @ /Wk VWAP/+0.5% zone


Stuck at DPP 4282 zone

MNQ Sh 14.892 10 lot
T1 +14/16p 8 lot
2 left
T2 +20p 1 lot
1 left
Closed +18/19p last lot

MNQ Long 14.915
T1 +9/10p 4 lot
4 left/SL BE zone
3 lot closed +5p
1 left SL BE zone

Target 15.050 DR1 and GAPs above to 15.250

CNBC

ECONOMY
Private payrolls rose 89,000 in September, far below expectations, ADP says

Perhaps more importantly, the report provides some sign that a historically tight labor market could be loosening and giving the Federal Reserve some incentive to stop raising interest rates. ADP also said annual wage growth slowed to 5.9%, the 12th consecutive monthly decline.
However, the ADP numbers can differ significantly from the government’s official count, which comes Friday. Economists estimate nonfarm payrolls increased by 170,000 in September, down from a 187,000 rise in August, according to Dow Jones.

RUSSEL L 1742.5 10 lot
T1 +12p 6 lot
4 left/SL BE zone
Closed BE last 4 lot