Bulls and Bears zone for 03-22-2022ETH session market has been trading within yesterday's range.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4462 --- 4460
Emini
Tomorrow Key Day for SPX After the news of the 25bp rise from the Fed today, the market had a strong rally and broke above its downside channel. Tomorrow is a pivotal day. If we see follow through, this rally will continue to the 4500 region. But if tomorrow the SPX breaks back into the channel to the downside, it will likely continue to the bottom of the channel. Trade accordingly.
multiple paths for spx (es1!)there are two paths for whether spx futures heads for either top or bottom anchored vwap
Bulls and Bears zone for 03-16-2022Today might be more volatile than normal day due to Fed announcement in the afternoon.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4300 --- 4298
Reports to watch:
US:Business Inventories
10:00 AM ET
US:Housing Market Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
Bulls and Bears zone for 03-14-2022ETH session market has been trading in a range.
Any test of Friday's LOD, could provide direction for the day.
Level to watch 4207 --- 4205
Bulls and Bears zone for 03-10-2022ETH session market has sold off below yesterday's Low.
Any test of yesterday's Low could provide direction for the day.
Level to watch 4233 --- 4231
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 03-08-2022Given geopolitical conditions, Bears are in full control.
ETH session market has been trading around yesterday's Close.
Level to watch 4199 --- 4197
heading into bearish rsi (es1!)spx emini futures are looking like they are on their last leg intraday. puts are coming in that are slamming this thing into the lows, and it looks like that support may break. 4225.25 is a decent target.
Bulls and Bears zone for 03-03-2022This morning market has rallied to Fibonacci extension 1.272 of yesterday's session.
Any test of ETH session High could provide direction for the day.
Level to watch 4400 --- 4398
Reports to watch:
US:Factory Orders
10:00 AM ET
US:ISM Services Index
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 02-28-2022This morning market seems to be testing Fibonacci 50% level of Friday.
Any test of ETH session High could provide direction for the day.
Level to watch 4341 --- 4339
Report to watch:
US:Chicago PMI
9:45 AM ET
Bulls and Bears zone for 02-24-2022Market is trading way below yesterday's Close, would value buyers show up .
Any test of ETH session Low could provide direction for the day.
Level to watch 4101 --- 4103
Reports to watch:
US:New Home Sales
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
US: EIA Petroleum Status Report
11:00 AM ET
ES1! Potential Bearish Bat pattern on E mini futures
Short around 4440 with stops above 4485.
PT around 4330.
Good Luck!
Bulls and Bears zone for 02-22-2022Bulls are trying to rally during ETH session and test Friday's Close.
Any test of ETH session High could provide direction for the day.
Level to watch 4339 --- 4337
Report to watch:
US:Consumer Confidence
10:00 AM ET
ES1! / Emini / SPY500 : Bullish move anticipationES1! / Emini / SPY500 is getting closer to 50% of the range since 2021 began - and can find buyers below 50% of the range (forced or willing) as shown on the chart.
Don't blindly trade the weekly chart, look for LTF confirmations.
Note : we are not predicting price, it can still drop like a rock. However we anticipate how it could play out.
GLGT
Bulls and Bears zone for 02-18-2022Value buyers are really trying to push the market higher, but Sellers seem to have the momentum.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4375 --- 4373
Report to watch:
US:Existing Home Sales
10:00 AM ET
SP500 Right Shoulder DevelopingUntil we see a strong close on volume above the 4550 level, the market will continue to develop a right shoulder. This will allow the SP500 to work off it's oversold condition while volume indicates that the market is distributing vs accumulating stocks. If this distribution continues, we will likely see the next leg down begin within the next few weeks and we can expect the previous lows of January to be taken out.
#ES_F 2.17.22 Overview and Levels to watchWe spent two days in this value area with two failed break outs and one failed breakdown. We are bound to make a move out so lets see where can we head if we do. Today we have 4465.25-4460.25 as PM Resistance and 4479.75-4475 as our Key Intraday Resistance that we need to see break and hold to get upside into 4490-4487.25, 4497.25-4494.75, 4508.75-4505.50 and 4524.25-4519 as our next big area of resistance. On the downside we do have all this inventory between 4440-4480 that if gets no upside then we can see it start selling out and level we are watching are 4445-4437.75 as our PM Support and 4424.50-4418.75 as our Key Intraday Support, breaking PM support is first sign of weakness and getting under the Key support leaves the doors open for 4405.25-4403, 4392.25-4389.75 and 4378.50-4374.75 as our next level where we should see good support unless we break that and 4362.75-4345.25 level then we can see more downside into 4349.50-4345.25 and our bigger support and gap fill at 4327.25-4321.50 area.
Bulls and Bears zone for 02-16-2022Market has been trading around yesterday's Close during ETH session.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4447 --- 4445
Reports to watch:
US:Business Inventories
10:00 AM ET
US:Housing Market Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
SP500 A Tale Of Two C WavesIn this update we review the recent price action in the SP500 (mini) and identify the next high probability trading opportunity and price objectives to target.
SP500 EMINI ScalpingI think we could see a small run up here and this would make a good scalp. Could happen fast even. NFA, DYOR
Bulls and Bears zone for 02-09-2022Yesterday, trader put together a nice rally but volume seems to be lower then usual.
Any test of ETH session High could provide direction for the day.
Level to watch 4558 --- 4556
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 02-07-2022Market has been trading in a range around Friday's Close during ETH session.
Any test of Friday's Close could provide direction for the day.
Level to watch 4501 --- 4499
Bulls and Bears zone for 02-03-2022Most of ETH session market has traded around low of yesterday's session.
Any test of ETH session High could provide direction for the day.
Level to watch 4535 ---- 4533
Reports to watch:
US:Factory Orders
10:00 AM ET
US:ISM Services Index
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
