This will be a pivotal week for the US markets. A deluge of data will unleash breathless spikes, tormented dives, and wicked whipsaws.
Tue: Consumer Price Index
Wed: FED decision on interest rate
Thu: Retail data
Fri: Options Quad witching.
All of which make algo's merry and traders wary.
Going to trade light, if at all.
Globex #ES_F forming a low volume, narrow range bear flag.
Resistance at 4024.
Support at 3940 and then at 3910
Tue: Consumer Price Index
Wed: FED decision on interest rate
Thu: Retail data
Fri: Options Quad witching.
All of which make algo's merry and traders wary.
Going to trade light, if at all.
Globex #ES_F forming a low volume, narrow range bear flag.
Resistance at 4024.
Support at 3940 and then at 3910
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.