The directional indicators look promising in the NQ, ES, NG,  HE, KC and ZN. However, the option prices won’t allow us in with a good risk/reward scenario. Traders that like the indicators could follow the markets above. Feel free to contact us with any questions or for other strategies.

Biggest Movers

NASDAQ (NQ) – UP 9 – Bullish

Nasdaq whipsaws on continued speculation that tech stocks are overvalued. Amazon reported disappointing second quarter earnings, and shares declined more than 2% brining the rest of the market with it. Apple fell almost 2 % while Twitter reported lackluster growth and tumbled 14% – the largest one-day loss since October.

Copper (HG) – DOWN 9 – Slightly Bullish

When the metal stays out of the headlines, it’s a relatively stable market. And this week copper is in the bottom half of the rankings, sitting at number 10. But we’ve seen it dance from top to bottom for the last couple months so it may not sit here for long.

VDO Futures Power Rankings


[   ] – Associated Trade Rec (call your broker for more info)

[   ] – Market was UP

[   ] – Market was DOWN

VDO – Last Week’s Price Volatility in Dollar Terms (Volatility Dollar Opportunity)

Bias – Directional Trend

Rank – Based on the VDO

Volatility – Last Week’s Price Volatility

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