For the week ahead, the 2975.75 is a key level to watch. If you notice my annotations, I am indeed outlining that there are two possibilities for price to play out. We're not here to make predictions, but the observation of how price plays out along this level is very important. Fundamentally speaking, the US is potentially in the second wave of the COVID-19...
After a great rally yesterday it seems that both buyers and sellers were active during overnight session.
If sellers can defend yesterday's Close then we might see some sell off.
Level to watch 3063 --- 3061
Report to watch:
US:Consumer Sentiment
10:00 AM ET
Overnight session market has tested yesterday's Close which coincides with Fibonacci 38.2% level.
If bulls can not take out 50% level of yesterday's RTH session, then sellers will probably take control.
Level to watch 3027 --- 3025
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
💰 LET'S GET INTO SOME ES FUTURES CONTRACTS ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- 3day Chart
- Red Doji Candle
- 2/3 EMA DOTS Red
As of now we are looking for a 3day trend change confirmation. We are finally receiving signal of red Crossover and almost 3/3 ema dots...
Yesterday after rallying most of the day, market sold off hard late in the afternoon which could be of concern for Bulls.
Sellers are very active and need to defend yesterday's Close.
Level to watch 3100 --- 3098
Report to be aware :
US:State Street Investor Confidence Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
💰 LET'S GET INTO SOME ES FUTURES CONTRACTS ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
- We were able to generate $4,500 in just an hour prior to market open on the emini futures contract. We will show how below and show proof of trade on twitter. 😁💰💰💰
Best of luck to you and all of your trades this week! 🤜
Drop...
For a week market has been trading within a range and a seesaw pattern.
Test of ETH Highs might suggest a direction for the day.
Level to watch 3145 --- 3143
Report to watch:
US:New Home Sales
10:00 AM ET
Friday market finally tried to break out of the range it has been trading most of the week.
For this sell off to continue, sellers will have to defend 50% range from Friday's RTH session.
Level to watch 3085 --- 3083
Report to watch:
US:Existing Home Sales
10:00 AM ET
💰 LET'S GET INTO SOME EMINI ES FUTURES ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- A couple post back I posted that the emini for the spx futures contract was looking like a bearish head and shoulders pattern. What has happened since then we did bounce off of support back to...
For last three trading sessions market has been in a range, today probably will be no exception.
Need to see a test of ETH High
Level to watch 3128 --- 3126
Reports to watch :
US:Jerome Powell Speaks
1:00 PM ET
😯 The pattern looks very clear to me and could be a potential move to put a lot of cheese in the bears pocket if we can crack the neckline.
I believe if the neckline breaks we could see 50 - 130 point drop on the emini. This would validate my prediction on the spx500 to selloff. This neckline will tell us major signs of what happens next in the market.
Stay...
🥇Day 3 of scalping the markets for 5/5 100% winners! 💰💰💰
I think I'm really starting to fall in love with scalping the markets. I have always been a longterm swing trader and mainly focused on cryptocurrency. I believe that every market has it's own story and operates in it's own way. Cryptocurrency is a completely different market that never sleeps and has it's...
Overnight session market traded within Fibonacci range from yesterday's RTH session.
Sellers seems to be in control for now, any test of ETH High could give an indication of direction for the day.
Level to watch 3075 --- 3073
Reports to watch:
US:Leading Indicators
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
going to be watching what happens at the retest of 3200 area - we could still have a c wave down to complete this 4th wave, before starting the 5th wave.
currently targeting at least the ATH of 3400. higher targets at 3500 and 3675
🥇 Day 3 trading the emini futures contract with our custom trading system the ema dots and the Crossover strategy. 3/3 big trade positions all winners! Up $7500 in less than 2 hours of trading total! I will update below here in a second. ⬇️
🚨 Let's take a look at the emini futures contract on a 6 hour chart. Is this the start of another major correction or will the fed save us all!?!?!?
We currently sit under 3 major levels of Resistance from the previous major market correction to the upside.
Horizontal top and the 2 upward red previous major support levels, which are now acting as Resistance....
Based on yesterday's price action, it seems that sellers are at certain levels waiting to push the market down.
If the sellers can push price below yesterday's Close then we might get selling pressure.
Level to watch 3127 --- 3125
Reports to be aware :
US:EIA Petroleum Status Report
10:30 AM ET
US:Jerome Powell Speaks
12:00 PM ET
🥇 I'm going to walk you step by step how I used our trading strategy to win big within the last hour trading the emini futures contract. Updating down below to show smaller time frames... ⬇️
