Bulls and Bears zone for 03-29-2021Markets have been very volatile lately, today might be no exception.
ETH session market has bounced off Fibonacci 38.2% level from Friday's RTH session.
Level to watch 3944 --- 3942
Emini
Bulls and Bears zone for 03-26-2021Market seems to be trying to follow through with a rally for a second day.
For this rally to continue, prices need to trade above Fibonacci 1.272 extension level from yesterday's RTH session.
Level to watch 3916 --- 3914
Report to watch:
US:Consumer Sentiment
10:00 AM ET
Bulls and Bears zone for 03-25-2021Market has continued its sell off during ETH session to Open gap down.
Any test of ETH session Low could provide direction if it will try to close the gap.
Level to watch 3864 --- 3866
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 03-24-2021During ETH session market has tried to rally but stalled at Fibonacci 50% range of yesterday's RTH session.
Any test of Fibonacci 50% level could provide direction for the day.
Level to watch 3914 --- 3912
Reports to watch:
US:Jerome Powell Speaks
10:00 AM ET
US: EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 03-23-2021After a decent rally yesterday, sellers have been active during ETH session.
Therefore, we might see a test of yesterday's Low and that could provide direction for the day.
Level to watch 3916 --- 3918
Reports to watch:
US:New Home Sales
10:00 AM ET
US:Jerome Powell Speaks
12:00 PM ET
Bulls and Bears zone for 03-22-2021Since hitting ATH last week, market has been trading in a downward channel.
During ETH session, market has been testing Fibonacci 61.8% level from Friday's session.
Level to watch 3903 --- 3905
Report to watch:
US:Existing Home Sales
10:00 AM ET
Bulls and Bears zone for 03-19-2021After selling off yesterday afternoon, market seems to be testing and staying above yesterday Low during ETH session.
Any test of yesterday's Close could provide direction for the day.
Level to watch 3908 --- 3906
E-mini potential false breakoutLooks to be a potential false breakout on emini. Have to see if confgirmed.
Bulls and Bears zone for 03-17-2021Yesterday, after hitting ATH market sold off and closed near Fibonacci 50% level.
During ETH session, sellers were active.
Any test of yesterday's Close could provide direction for the day.
Level to watch 3959 --- 3957
Reports 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 03-15-2021Market has been trading within a range during overnight session and trying to test ATH.
Any test of ETH session High could provide direction for the day.
Level to watch 3945 --- 3943
Bulls and Bears zone for 03-12-2021During ETH session prices were rejected twice at Fibonacci 61.8% level from yesterday's RTH session.
Any test of that level could provide direction for the day.
Level to watch 3917 --- 3915
Reports to watch:
US:Consumer Sentiment
10:00 AM ET
Bulls and Bears zone for 03-11-2021ETH Session, market tested yesterday's Close before starting its rally.
Any test of yesterday's Close could provide direction for the day.
Level to watch 3904 --- 3902
Reports to watch:
US:JOLTS
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 03-10-2021During ETH session market has been rallying after testing yesterday's Low and to test RTH session High as well.
Any test of yesterday's RTH session High could provide direction for the day.
Level to watch 3885 --- 3883
Reports to watch:
US: EIA Petroleum Status Report
10:30 AM ET
Emini has retraced back uo to tag the resistanceEmini has tagged the res.Lets see what happens. Will more bond yield shenanigans ensue? Stay tuned.
Bulls and Bears zone for 03-09-2021After yesterday's late sell off, market has been trying to rally but keeps testing Fibonacci 50% level of yesterday's RTH session.
Any test of that Fibonacci 50% level could provide direction for the day.
Level to watch 3848 --- 3846
Bulls and Bears zone for 03-08-2021After a big rally on Friday, market has closed near HOD. Could bulls follow through on this rally or sellers will show up at certain level.
Any test of Friday's Close could provide direction for the day.
Level to watch 3839---3837
Bulls and Bears zone for 03-05-2021After a strong sell off yesterday, ETH session is starting to rally.
For this rally to continue, traders need to stay above Fibonacci 50% level of yesterday's RTH session.
Level to watch 3817 --- 3815
Bulls and Bears zone for 03-04-2021Two sessions in a row market has closed near LOD, could value buyers show up today, perhaps.
Any test of ETH session low could provide direction for the day.
Level to watch 3822 --- 3820
Reports to watch:
US:Factory Orders
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
Emini attempting a reversalEmini daily is attempting a reversal here again. Most likely due to the surge in rates. See how things look after jobs number comes out.
Bulls and Bears zone for 03-03-2021Yesterday both buyers and sellers were active than market sold off in the afternoon to close near LOD.
Any test of yesterday's Close should provide direction for the day.
Level to watch 3854 --- 3852
Reports to watch :
US:ISM Services Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 3-02-2021Market seems to have tested Fibonacci 50% level from Yesterday's RTH session and started to rally.
Would not be surprising to see a range bound day after few days of rally and sell off pattern.
Level to watch 3895 --- 3897
