
On January 8, 2025, the $NQ index experienced a bounce following a low noted on January 7, indicating a potential recovery in the market. The Weekly Distribution reflects the number of trade days within the week, while the 7 Day Distribution pertains to the last seven calendar days. Meanwhile, the $ES index also showed signs of recovery, bouncing after a 30-Year Bond Auction performed better than the previous auction. Additionally, the quarterly mean for the $ES index is recorded at 5798.18, while the $NQ index has a quarterly mean of 20310.34. Traders are observing market behavior around these indices, with some speculating on potential price movements, including a target of 5900 for the $ES index.







