Tuesday, August 9, 2011

9 August (Tues), Morning charts

The following is a rapid-fire snapshot of Wall Street's four main indices from the perspective of 5-minute bars.

The charts, being a market-hours-only account of the action, hide the tremendous drama seen in the last overnight session, when S&P 500 futures (/ES) first swooned from a close near 1115 to below 1080, only to rocket to a hair below 1150 a few hours later, all while North America slept.

At the moment, markets remain poised for a major Fed announcement, which some hope will bear revelations of QE3.

S&P 500 (SPX), 5-minute bars:


DJIA (DJX), 5-minute bars:


NASDAQ (COMP), 5-minute bars:


Russell 2000 (RUT), 5-minute bars:

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