Our Major levels we will watch and our LIS where price changes. 4783/88 is max upside target where we expect size to come in and defend 4728 expecting size to defend downside Best trades will be at the edges Risk Parity strategies will be Net Sellers at 4711 and 4783 today. Yesterday they were sitting as sellers at 4745 with about FWB:5BN to sell and that was...
For GLOBEX today: This on the picture is levels for Globex. I'll reassess prep before RTH opens but so far: 1. Start of the Globex could be a bit messed PA but context picture is pretty clean. 2. When we get out of this blue zone and get over 4819,50 you can expect to have pullback somewhere around 4824-4829 and down to around 20 when it should turn again... 3....
Today price action is skewed to the sideway/upside but it should be be grind type of chop. Preferred trades: LONG Top purple upper zone is major LIS and it will be strongly defended so aggressive short from this level is great trade. On the downside we have few support zones as it is draw on the chart.
Premarket preparation for Globex trading session December 17/18 Monday Globex will be most probable rotational between two inner blue zones with possible excursion to the green support or red resistance zones... It is hard to see we can break outside of the purple LIS zones on the upside or downside...at least in Globex... Type of the price action (mostly...