Bulls and Bears zone for 11-19-2020After selling off yesterday afternoon, ETH session seems to be trading in a range.
Any test of ETH session High should provide some direction for the day.
Level to watch 3574 --- 3576
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
Emini
Bulls and Bears zone for 11-17-2020Market has been selling off during overnight session but it is testing yesterday's RTH session low.
As long as Bulls can hold yesterday's Low, we could expect some sort of a rally.
Level to watch 3600 --- 3602
Reports to watch:
US: Business Inventories
10:00 AM ET
US: Housing Market Index
10:00 AM ET
Bulls and Bears zone for 11-13-2020After a sell off late yesterday, market has rallied during ETH session to test Fibonacci 50% level for the week so far.
Any test of ETH High should provide direction for the day.
Level to watch 3569 --- 3571
Reports to watch:
US :Consumer Sentiment
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 11-09-2020Markets are going to open at ATH which might bring sellers out to test levels.
Test of ETH Highs should provide direction for the market.
Usually, it is a good idea to look at the left of the charts for previous levels that might be tested.
Level to watch 3619 --- 3621
Bulls and Bears zone for 11-02-2020All last week every time market rallied it was sold off which is not good for bulls.
Any test of ETH Highs could suggest days direction.
Level to watch 3312 --- 3314
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
SPY500/Emini/ES : Daily schematic of liquidity & trapped tradersThere are a whole bunch of trapped traders on both sides of price for SPY500 / Emini futures / ES1! which will want to exit, giving us a trade in opposite direction (yellow zones)
Beware of the engineered liquidity zones - which are almost like a candy land for big institutions - where orders are just sitting to be taken! Those zones WILL BE poked poked! (green zones)
Good luck & good trading for the election week!
Please note : the zones shown here are for reference purpose only. Actual buy & sell zones should be fine tuned with a lower timeframe reference & more detailed analysis.
Bulls and Bears zone for 10-30-2020Yesterday bulls were able to rally but could not sustain it in the afternoon and closed near Fibonacci 50% level.
Therefore, any test of yesterday's low should provide some direction for the day.
Level to watch 3272 --- 3274
Report to be aware :
US: Consumer Sentiment
10:00 AM ET
Bulls and Bears zone for 10-29-2020After sellers being aggressive yesterday, It seems that value buyers were active during ETH session.
For this bounce to continue, Bulls will have to defend yesterday's RTH session low.
Level to watch 3263 --- 3261
Reports to be aware:
US: Pending Home Sales Index
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET