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Financials Reverse Off FOMC Announcement F2 Comments: The market did hold Tuesday’s gains and managed to trade higher after the 5Y auction results were released. The early news was split, a little better for the ES than ZN. The auction dynamics prevailed and the 5Y rallied into the FOMC...

F2 Comments: The market was pointed higher on Monday’s close and did trade higher as per the analysis. By the close of today’s action the market was still pointed higher for Wednesday’s market. Some news to navigate tomorrow: Durable Orders is expected at -.9%; ex-transportation at...

Tuesday Pre Market Comments (06:54)_The auctions begin today w/40 B of the 2Y on the block. The market did probe higher OVN, perhaps satisfying yesterday’s buying structure. If the rally fails to develop this morning, this will be confirmed. The ES’s reaction to the Existing Home...

Friday's Rally Continues F2 Comments: Friday’s rally continued today helped along by weakness in the ES and Dow. The inverse relationship helped the trading today. Get the direction right and all the rest falls into place. The ZN did make it to near resistance at 115-08. To hold the...

Strong Close Leading Into Monday F2 Comments: The analysis favored lower prices this morning/a retest of 113-20/24. The low was 113-22. Support held and shorts covered and day trade longs took the market to 115-03 before the session ended. The close was strong. The market activity...

F2 Comments: The market opened soft and tried to rally into the 0730 news. The news was as forecast and deemed positive for the economy. Indexes rallied and financials sold. The 1000 EDT news was even worse for financials. The selling increased. When the record borrowings from next week’s...

Hi Pilatus, My suggestion would be to read through the thread titled Market Profile Overview by Charles Cochran first. At the end of that very short thread is a list of Market Profile Resources that would be beneficial. I would then read through the 3-2-1 Methodology thread in it's...

Pre Market Comment for Thursday 6/18 (06:44)_Got our recommended buy off the OVN session’s opening. In fact could have executed at the back up price level. Market then rallied to 115-30, where the buying evaporated. Calls were liquidated yesterday with puts left in place. So definitely...

F2 Comments: The market did rally as per the analysis and hit 117-04 before the buying was over. What has been behind this buying: short covering, supportive news, ES weakness and financial commentary on the fact that the recovery hasn’t begun yet. The weak close was directly tied to the...

The Rally Continues F2 Comments: The rally continues. The news was split. The housing numbers weren’t as good as the headlines. The ES sold and the financials rallied. Worse than expected economic news continues to support the bond markets. The close was strong. The market is pointed...

Supportive News Rallys Market F2 Comments: The market has been headed higher since last Thursday. The rally continued today. The early news was supportive. The ES sold. And the financials traded higher. The market’s traded the news as one would expect. The market can trade higher again...

Monday 6/15 Pre Market Comments (06:34)_The market did trade higher as per the analysis hitting our first projected resistance level at 114-20 plus some. The structure supports a retest of 114-24 and/or higher prices. ES is called lower too, which should further support the financials...

F2 Comments: The market broke hard into the day session on Retail Sales. The numbers were larger than forecast, but anticipated. When the news was out, the shorts began to cover and the short covering continued until 114-04 was touched and retested and held. The close at 113-18 was...

The difference between 112 and 113 is 32. That's 32 32nds or 64 64ths. Each 32nd has a value of $31.25. 32 32nds then equals $1,000. as does 64 64ths. Your broker can give you a more complete explanation, but that's how the Bonds and Notes are priced.

Ticks in the ZB and ZN are denoted in 64ths, with a value of $15.625. 64/64ths are one point, which is $1,000.

September is the lead month in the ZN - ZN U9. The daily volume is around 850,000. The ZB, the Bond, is around 200,000. I would say the Note has excellent volume.

Pre Market Comments for Tuesday 6/9 (06:32)_Pretty quiet OVN. Market did trade into the back up sell range of 113-19/23 w/an OVN high of 113-235. ES failed to extend its late rally and sold. Financials found buyers OVN. Today’s focus should be the direction of the ES and the 3Y...

Financials Still Under Pressure F2 Comments: Another day of trading. Another day lower. The financials are getting whacked and should remain under pressure until the government cuts deeply into its current borrowing program. The credit rating of the nation came into question two weeks ago and...

Selling Resumes in the Financials F2 Comments: The market found sellers in the OVN session. When the day session opened, the selling increased and was present into the day session close. The contract closed pointed lower Friday. The NFP is expected to show a loss of 550,000 jobs and...

Strong Close on Wednesday F2 Comments: The market held Tuesday’s gains and did manage a strong close. The market is pointed higher with some help from the early news and continued selling in the ES. Friday’s news on Unemployment should hold the market in a range Thursday. Can see a...