E-Mini .............. Sideways... to rangebound....Resistances marked in Red..
Supports in Green...
Trend in dotted Lines...
Channel in Blue.....
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Emini
Bulls and Bears zone for 05-05-2022Yesterday, after Fed announcement market rallied; however, market has a tendency to revert to its mean.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4256 --- 4258
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
Dow Playing For A HVN TestIn this update we review the recent price action in the Dow Jones futures contract and identify the next high probability trading pattern and price objectives to target
SP500 Holds Range Suport AgainIn this update we review the recent price action in the SP500 futures contract and identify the next high probability trading locations and price objectives to target
Bulls and Bears zone for 05-03-2022After a huge rally yesterday late afternoon, market has been trading around High of yesterday during ETH session.
Any test of ETH session Low could provide direction for the day.
Level to watch 4125 --- 4127
Reports to watch:
US:Factory Orders
10:00 AM ET
US:JOLTS
10:00 AM ET
S&P 500 Still in Downtrend The market touched the bottom of the down channel yesterday and turned around. From here the market will likely bounce, however, the gap above 4k was not closed so expect this to get filled after this countertrend bounce. The weaker the market, the more likely we will see 3600 area before this is over.
Short-term = Expect a countertrend bounce to around the 4400 area.
Medium-term = The trend is definitely down, look to short at key resistance levels.
Long-term = Some stocks are already on sale (DIS, COIN) to name a few. As the market drops, look to build long-term positions in stocks at a discount.
S&P 500 Looking Fill the GapI expect the gap around the 4000 level to be filled by mid-May taking it to the bottom of the channel. This isn't likely the bottom, but it will probably be the start of a short-term rally.
Bulls and Bears zone for 04-28-2022Yesterday both buyers and sellers were very active, and today might be same.
Any test of ETH session High could provide direction for the day.
Level to watch 4260 --- 4258
Reports to watch:
US:Pending Home Sales Index
10:00 AM ET
US: EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 04-26-2022Yesterday's turn around could be due to positive earnings season expectation.
Any test of ETH session Low could provide direction for the day.
Level to watch 4268 --- 4270
Reports to watch:
US:Consumer Confidence
10:00 AM ET
US:New Home Sales
10:00 AM ET
E-Mini SP 500 Futures Weekly Chart Gann PredictionlevelCME_MINI:ES1! near the convergence of multiple Gann Support Levels 4345, 4335, and 4315 indicating a possible bottom this week from which we can start to move towards Gann Resistance Levels 4403, 4415, and 4460.
CME_MINI:ES1! closing above 4460 this week would indicate continuation of the uptrend towards 4460, 4480, and 4560 Gann Resistance Levels next week.
Good Luck!
Bulls and Bears zone for 04-21-2022After a mixed session yesterday, ETH session is trying to rally.
Any test of ETH session High could provide direction for the day.
Level to watch 4500 --- 4498
Reports to watch:
US:Leading Indicators
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
US:Jerome Powell Speaks
11:00 AM ET
S&P is going towards 20k over next 10 yWhen all the doomers & gloomers wake up from their wet dreams and reality sets in, the bull market will just be ensuing, as per usual projections...
I doubt it much, but if we see another big decline 3400/600 area is imo the UTMOST lowest level this market might reach...
monthly closes below 3400 and the bullish scenario gets invalidated!
Bulls and Bears zone for 04-19-2022Yesterday market rallied initially than sold off later in the day which could be due to expectation of Q1 earnings reporting season.
Any test of ETH session High could provide direction for the day.
Level to watch 4373 --- 4371
E-Mini Dow Jones Futures GANN Levels for Week of 18.04.2022CBOT_MINI:YM1!
Weekly View is Negative. Cloisng below 34,300 this week!
Resistance: 34,400, 34,500, and 34,600
Support 34,300, and 33,770
Good Luck!
Bulls and Bears zone for 04-14-2022ETH session market has been trading sideways after rallying yesterday.
We might see yesterday's Fibonacci 50% level to be tested.
Level to watch 4434 ---- 4432
Reports to watch:
US:Business Inventories
10:00 AM ET
US:Consumer Sentiment
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
E-Mini Dow Jones Futures GANN Levels for todayCBOT_MINI:YM1! trading in a tight range 34,440 and 34,580 since open. Resistances are 34580 and 34620 above which we expect CBOT_MINI:YM1! to move towards the 34740 levels.
In the event, our support of 34440 breaks, we could test the 34350 support level.
Watch the video for full details on the trading levels and range for today. Good Luck!
Have a great weekend & Happy Good Friday!
Bulls and Bears zone for 04-12-2022After a sell off yesterday, market is rallying this morning which could be short squeeze.
Any test of ETH session High could provide direction for the day.
Level to watch 4440 --- 4438
Bulls and Bears zone for 04-07-2022ETH session is testing yesterday's High and market is having hard time rallying.
Any test of ETH session High could provide direction for the day.
Level to watch 4475 --- 4473
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 04-05-2022Overnight session market has been trading sideways.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4567 --- 4565
Report to watch:
US:ISM Services Index
10:00 AM ET
Bulls and Bears zone for 03-31-2022ETH session is trading within yesterday's RTH session range.
Any test of ETH session High could provide direction for the day.
Level to watch 4616 --- 4614
Reports to watch:
US:Chicago PMI
9:45 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 03-29-2022S&P is approaching Triple Top on daily chart which could provide resistance.
Any test of ETH session High could provide direction for the day.
Level to watch 4603 --- 4605
Reports to watch:
US:Consumer Confidence
10:00 AM ET
US:JOLTS
10:00 AM ET
S&P - Stop Pause or Continue Up ?We're at the median line now.
Will we stop and reverse?
Will it be a pause?
Or will it crossover and use it for support on it's way to new highs?
It's currently following the same course as October '21. How long will it continue that way?
Bulls and Bears zone for 03-24-2022So far this week market has been alternating between Up and Down days.
Therefore, we could be see trading both sides.
Level to watch 4466 --- 4464
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
