Bulls and Bears zone for 10-02-2020Yesterday during RTH session, sellers became active at Fibonacci 61.8% level.
During ETH session, sellers were active at Fibonacci 50% level.
Therefore a test of Fibonacci 50% level should set direction for the day.
Level to watch 3335 --- 3337
Reports to watch:
US:Consumer Sentiment
10:00 AM ET
US:Factory Orders
10:00 AM ET
Emini
Bulls and Bears zone for 10-01-2020Yesterday afternoon's sell off should be a reminder that sellers are present at certain levels.
Need to see a test of ETH High.
Level to watch 3380 --- 3382
Reports to watch:
US:ISM Manufacturing Index
10:00 AM ET
US:Construction Spending
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 09-30-2020Overnight session sellers were aggressive and buyers are trying to rally this morning.
If Bulls can not get over Fibonacci 50% level of yesterday's RTH session then we might get a sell off today.
Level to watch 3330 --- 3332
Reports to watch:
US: Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 09-24-2020Bulls are having difficult time to put together a rally.
When price is around any round number as 3200, it is prudent to keep an eye on it and see how traders react.
Level to watch 3210 --- 3212
Reports to be aware:
US:New Home Sales
10:00 AM ET
US:Jerome Powell Speaks
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 09-23-2020Yesterday market closed above previous session's close which gives bulls momentum.
However, to continue on this momentum bulls need to defend Fibonacci 50% level from yesterday's RTH session, if it gets to that level.
Level to watch 3300 --- 3298
Reports to be aware:
US: Jerome Powell Speaks
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
ES intraday price action probabilities for 22 Sep 2020This is my expected (predicted) price action. It states 33% up and 66% down and it's valid only until end of the day.
Let's see how is that going to work.
Disclaimer: This is not financial or investment advice
Stay healthy, trade safe.
Atilla Yurtseven
Bulls and Bears zone for 09-22-2020Yesterday's afternoon rally seems to have hit resistance at Fibonacci 1.272 extension.
Any test of ETH high should provide some direction for the day.
Level to watch 3278 --- 3280
Reports to be aware :
US:Existing Home Sales
10:00 AM ET
US:Jerome Powell Speaks
10:30 AM ET
S&P E-MINI 500 (SWING) 15MINProbability: 65% for my prediction
We have a Buy Signal ( even if we are in a downtrend)
The Stop loss and Take profit As Mentioned on the Chart
Please Note:
I Close the Trade Manually so , my SL: 3220 and my TP: 3271 and if the green candle cut with force the TP line then i take another position and choose another TP :) Manually !
Bulls and Bears zone for 09-16-2020Lately, pattern has been sell off in the afternoon and rallies during overnight session.
Today is no exception so far.
Would like to see a test of ETH High.
Level to watch 3402 --- 3400
Reports to be aware:
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