Emini
Bulls and Bears zone for 12-30-2021Market has been trading sideways last couple of sessions, before it starts its next leg up.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4784 --- 4782
Reports to watch:
US:Chicago PMI
9:45 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 12-29-2021ETH session market has been trading in a range and testing yesterday's Low.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4783 --- 4781
Reports to watch:
US:Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
4 hr shaping up for a melt up if cash opens hot to the downsides&p500 futures will enjoy a period of increased volatility if the situation arises for topfishers to take in a larger volume than the recent longs minus the profit taking amount
this will lead to a higher high on the daily compared to 4743
Bulls and Bears zone for 12-16-2021There was a lot of Euphoria among traders after Fed announcement which continued into ETH session.
Any test of ETH session High could provide direction for the day.
Level to watch 4728 --- 4726
Reports to watch:
US:PMI Composite Flash
9:45 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 12-15-2021Two sessions in a row where market sold off then bounced to test Fibonacci 50% level.
Could third day be the charm for Bulls.
Level to watch 4627 --- 4625
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
a topfishing play on spx futes (es1!)es1! calls have been lining themselves up for overheated conditions on top of a move that has confirmed higher lows on larger timeframes and smaller ones become overbought
above 4620 is a sell pressure area
below 4581 is a supportive area
could bullflag, but more probable is a false breakout, followed by a short term melt fown