Nasdaq cash futures tried to close daily and weekly gap at close for August 2022 at $13,231.40 and failed however closed the gap based on low price for the day and week on Aug 2022 (low of $13,210.90) and (high of cash futures this week of $13,226.20). Failed means slippage through arbitrage and higher cost of carry depicting less liquidity since that liquidity hole. $S&P 500(.SPX)$ has failed to close those gaps and it is more liquid than nasdaq. but big tech predominates mor in nasdaq than SPX $NASDAQ(.IXIC)$ $Invesco QQQ Trust(QQQ)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments