ucsgears

ES - Predictive Move Into April.

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
151 3 3
Will ES Playout this way?

Looks more like it. With the CL             going down, XRT             hitting the top of the channel, we could face flush on Monday, key is to watch out for the volspd and ticks. The indecisive market internals for the past two days have probably have enough buyers to panic on a sell off / a Rip higher. What bothers me now is, the PC ratio. There is no panic there, the Dip Buyers confident will have to fail, for the market to reverse.

Watch out close, Monday action will be important
There is a VIX option expiry to on Wednesday as the FOMC meeting comes to an end. Here is an interesting point of view on that: http://www.sassyoptions.com/general-market-commentary/have-we-bottomed-yet-next-weeks-game-plan/

On a firm break of the 2030s, I would expect a visit of the 2012-07 levels which have proven to be pivotal. Wait and watch for now.....
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That's one possibility
or
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ucsgears PRO jangseohee
verywell, could be.
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