Let's play a game, how wrong can I be? Haha
Here is what I foresee happening:
ES is probably going to print a doji candle on the day. Lots of confusion and mixed signals.
We should see 4052 being tested.
We should maintain at and/or above 4030.
This should not drop down to 4010. If it does, it will be bad.
We will see (99%) 4079 and there is a good chance we see as high at 4086. We shouldn't really surpass 4086 if we do see it.
I expect bearishness to the main theme for the overnight session, but it depends what ES wants to do with 4079.
Whether we jump up from here to test 4079 or wait till the morning is TBD. Judging by the buiyng pressure, we could see this target taken out fairly early in the session.
In general, its going to be range bound for sure and I don't expect any decisiveness to yet surface in terms of that overhead trendline we are all watching with anticipation.
My thoughts, play your own plan and do your own analysis.
Here is what I foresee happening:
ES is probably going to print a doji candle on the day. Lots of confusion and mixed signals.
We should see 4052 being tested.
We should maintain at and/or above 4030.
This should not drop down to 4010. If it does, it will be bad.
We will see (99%) 4079 and there is a good chance we see as high at 4086. We shouldn't really surpass 4086 if we do see it.
I expect bearishness to the main theme for the overnight session, but it depends what ES wants to do with 4079.
Whether we jump up from here to test 4079 or wait till the morning is TBD. Judging by the buiyng pressure, we could see this target taken out fairly early in the session.
In general, its going to be range bound for sure and I don't expect any decisiveness to yet surface in terms of that overhead trendline we are all watching with anticipation.
My thoughts, play your own plan and do your own analysis.
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