ES - 2023 GLOBEX SESSION 12/19-12/20
For GLOBEX today:
This on the picture is levels for Globex. I'll reassess prep before RTH opens but so far:
1. Start of the Globex could be a bit messed PA but context picture is pretty clean.
2. When we get out of this blue zone and get over 4819,50 you can expect to have pullback somewhere around 4824-4829 and down to around 20 when it should turn again...
3. We have pretty good support in todays value area so don't expect it will move down a lot even if it try...but in case we break inside VA you can expect reaction around 4811-4812. Could it get lower...sure it can...market always can do whatever it wants...but is it probable?!
4. Be real and don't expect Globex will get all the way up to the 4834-4839 zone but if it does just hold your bl00dy long position at RTH open if you get in at the good level down here... Our target for this move is ATH of main instrument we are trading. Translated in ES that is around 4869-4879...depends on the spread...
Enjoy trading!
This on the picture is levels for Globex. I'll reassess prep before RTH opens but so far:
1. Start of the Globex could be a bit messed PA but context picture is pretty clean.
2. When we get out of this blue zone and get over 4819,50 you can expect to have pullback somewhere around 4824-4829 and down to around 20 when it should turn again...
3. We have pretty good support in todays value area so don't expect it will move down a lot even if it try...but in case we break inside VA you can expect reaction around 4811-4812. Could it get lower...sure it can...market always can do whatever it wants...but is it probable?!
4. Be real and don't expect Globex will get all the way up to the 4834-4839 zone but if it does just hold your bl00dy long position at RTH open if you get in at the good level down here... Our target for this move is ATH of main instrument we are trading. Translated in ES that is around 4869-4879...depends on the spread...
Enjoy trading!
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