Support/resistance zones for Globex December 17/18 session
Premarket preparation for Globex trading session December 17/18
Monday Globex will be most probable rotational between two inner blue zones with possible excursion to the green support or red resistance zones... It is hard to see we can break outside of the purple LIS zones on the upside or downside...at least in Globex...
Type of the price action (mostly for RTH as dealers will be more proactive but also possible for Globex too) could be the same as we have it last 10-15 days.... Shorter moves with overlapping candles and struggling to go on both sides... More like grinding PA then to have clear impulses...
Monday Globex will be most probable rotational between two inner blue zones with possible excursion to the green support or red resistance zones... It is hard to see we can break outside of the purple LIS zones on the upside or downside...at least in Globex...
Type of the price action (mostly for RTH as dealers will be more proactive but also possible for Globex too) could be the same as we have it last 10-15 days.... Shorter moves with overlapping candles and struggling to go on both sides... More like grinding PA then to have clear impulses...
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