Tuesday, June 3, 2014

Morning Update for Tuesday, June 3rd

Major Support/Resistance Levels- ES




Daily Outlook

Prior Day Market Sentiment: Bullish
Overnight Inventory Change: Net short
Inside Day/Outside Day: Inside
Location of price relative to market profile: Below value area
Notable overnight futures markets changes:
Up: CT (Cotton), SI (Silver)
Down:HG (Copper), ZL (Soybean Oil), ZS (Soybeans), ZC (Corn), ZM (Soybean Meal), ZO (Oats), NKD (Nikkei)


News for the day:

Factory Orders: 10:00a

*Red highlight means the news is a market moving event;
yellow highlight means the news merits attention

Stock of the Day: Mannkind Corp. (MNKD)- Recently made 52 week highs







ES Daily Trend: Bullish




ES Weekly Trend:  Bullish





ES Monthly Trend:  Bullish 





























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