Bulls and Bears zone for 05-04-2021Since market is trading considerably below yesterday's Low, then Fibonacci 50% level of ETH session could become next resistance.
Any test of Fibonacci 50% level could provide direction for the day.
Level to watch 4171 --- 4169
Report to watch:
US:Factory Orders
10:00 AM ET
Emini
Bulls and Bears zone for 05-03-2021It seems Bulls were active during ETH session, for this rally to continue Bulls need to defend Friday's Close.
Any test of Friday's Close could provide direction for the day.
Level to watch 4181 --- 4183
Reports to watch:
US:PMI Manufacturing Final
9:45 AM ET
US:ISM Manufacturing Index
10:00 AM ET
US:Construction Spending
10:00 AM ET
Bulls and Bears zone for 04-28-2021Last couple of sessions market has traded in a range and closed around Fibonacci 50% level.
Any test of yesterday's Close could provide direction for the day.
Level to watch 4180 --- 4178
Report to watch:
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 04-22-2021Market has been trading within a range during ETH session.
Any test of ETH session High could provide direction for the day.
Level to watch 4165 --- 4163
Reports to watch:
US:Existing Home Sales
10:00 AM ET
US:Leading Indicators
10:00 AM ET
US :EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 04-15-2021This week so far market has been trading in a narrow range relatively.
Any test of yesterday's RTH session High could provide direction for the day.
Level to watch 4143 --- 4141
Reports to watch:
US:Business Inventories
10:00 AM ET
US:Housing Market Index
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 04-07-2021After rallying to ATH last few sessions, yesterday seemed like traders were taking profit.
Any test of yesterday's Low could provide some direction for the day.
Level to watch 4060 --- 4058
Reports to watch:
US: EIA Petroleum Status Report
10:30 AM ET
US: FOMC Minutes
2:00 PM ET
SPY/Emini/ES1! : 4 areas of bullish interest for next weekMonthly / Weekly / Daily + 4H analysis for E-mini SPY (ES1!).
Order flow on all timeframes is bullish - hence expecting 38% trend rejection, or 4H bullish Fair Value Gaps or Order Blocks to hold in discount area.
Wait for these areas to get tested - and trade only if you see a bullish sponsorship at these levels.
Trade safely, apply good risk management & take partial profits!