NQ
Internally, above us, we have 25,21,5, then 25,23,3 and 25,365. Below us we have 24,560 and 24,468.
We’re currently sitting outside the low of the 5-day composite at 24,690 ahead of CPI. Which sits at 24,933, acceptance below opens up 24,478 - a loss of this opens a run of the lows at 24,238. Then, lower we have 24,145-190, and then 24,030. A loss of that opens up a run through 23,800 to 23,650.
Further above we have 25,963, 26,18,0 and 26,257.
ES
ES is looking heavy after yesterday's sell-off. Key area is 6751.50, which would open up potential for a run to 6674.50 and, more importantly, closing gaps at 6620.25
GC
Ahead of CPI, we’re currently sitting at 4,966, internally above we have 5,088, 5,178, and 5,248. Above that, a weaker pivot at 5,340 before the main one towards ATHs at 5,555
Below, we have 4,885, 4,807, then weaker pivots 4,744 to 4,714 ahead of 4,607 and 4,521.
Cable (6B)
Cable (6B) is looking balanced in the middle of its recent range. Mean reversion plays seem smart, for now, at areas around 1.33 and 1.39.
DAX
Dax sits not too far from its 20-period Moving Average having tested 25310 on Thursday. Looking for breaks of 25310 above or 24278 to determine longer-term direction.