The Nasdaq futures were able to re-capture 25,000 today, trading 145 points above 25,000 today while closing 261 points below 25,000 yesterday. The back and forth around 25,000 continues. It continued yesterday's rally off the lows while Bitcoin surged higher. It will be interesting to see how the markets trade the rest of the week. The narrative quickly switched from a growth scare and software stocks to geopolitical rallies. Mismatching and mixing narratives is one way to g

The geopolitical trade would have made more sense if it was preceded by a strong sell off in the indexes. The rally yesterday was weak and the stock indexes sold off in the overnight session. The VIX hit 28 in early price action today, and stock indexes bottomed around 10:30 am EST, one hour into the session, after taking out the lows on the year in the Nasdaq 100. After the first hour, the market spent the day grinding higher to work back towards the range it has been in. Th

The normal playbook for stock indexes and geopolitical events is based on how markets sell off on the initial news that there will be a war and then after the war starts and the first missiles are launched, the stock indexes rally. Today, the stock indexes seemed to use that playbook for the bounce today. In my opinion, the market never really sold off on fears of a potential war or geopolitical event. Today is an example of how highly liquid bulls use today's news to be bull

The three day trading range starting on Friday 02-20-2026 through Tuesday 02-24-2026 was a narrow channel on the daily chart. Over the years, you see narrow channel breakouts on one side of the channel and then a reversal and a breakout on the other side of the channel. The selling was strong today during the first hour until around 10:30 am EST, just one hour into trading (becoming a familiar pattern). The dip buyers worked to support 25,000 again in the Nasdaq and propped u

The stock indexes moved up slowly all night and then surged at the open in the first 30 minutes. The rest of the day was much slower and maintained a holding pattern with a slow drift higher as the market turned its attention to NVDA earnings, released at 4:30 pm EST. Many day trade trend continuation strategies captured the move higher in the Nasdaq futures including Pulse in the Seven System Portfolio. In the Nasdaq 100 futures, the open of the day session was less than 5 p

Today the Nasdaq opened higher than yesterday's close by 25 points and then moved 130 points lower in 8 minutes. The next 11 minutes, the Nasdaq surged about 250 points off its lows. Then there was a 145 point drop in 12 minutes. At 10:00 am EST, the market reversed again for another 200 point rally to take the futures above 25,000 by 10:30 am EST. In the first hour, the Nasdaq futures was down 130, up 250, down 145, up 200. After the first hour, the market went sideways and

While we anticipate a move in the market that will break out of the current range and try to determine if the bulls or bears will gain control, it seems the put option sellers and dip buyers continue to keep the market range bound and continue to protect the early morning lows after a gap down sell off in the morning. The markets typically do not like uncertainty and the Supreme Court's ruling on tariffs seemed to re-introduce uncertainty in the market. The stock indexes took

The markets were sloppy on Thursday. V-Reversal came close to its profit target before the market rolled over, hit the stop with slippage and then bounced. The overnight session for Friday's trade moved to yesterday's long profit target for V-Reversal around 4:00 am EST before taking out yesterday's lows on the GDP/PCE data in the pre-market. With a gap down open, the liquidity popped NQ futures about 280 points in the first 17 minutes of trade. The market continues to zoom b

Stock Indexes "rallied out of the blue" on Wednesday taking the Nasdaq 100 futures above 25,000 before rolling over into the close. The rally seemed "unnatural" and "fabricated" from a longer-term perspective. We see many unnatural rallies the last few years and incomplete pullback cycles in the indexes. The overnight price action in the Nasdaq 100 traded back to its opening range from Wednesday's trade and the open on Thursday's trade is back to where we started on Wednesday