Market has a tendency to PB after hitting ATH which we have not seen yet. Any test of ETH High could provide direction for the day. Level to watch 4576 --- 4574 Reports to watch: US:New Home Sales 10:00 AM ET US:Consumer Confidence 10:00 AM ET
Currently, market is trading around Friday's High, we could have a range bound day. Any test of Friday's High could provide direction for the day. Level to watch 4544 --- 4542
Market tested Fibonacci 50% level during ETH session. Any retest of such level could provide direction for the day. Level to watch 4543 --- 4541 Reports to watch: US:PMI Composite Flash 9:45 AM ET US:Jerome Powell Speaks 11:00 AM ET
Market has been trading in a range during ETH session. Any test of ETH session High could provide direction for the day. Level to watch 4512 --- 4514 Reports to watch: US:Existing Home Sales 10:00 AM ET US: EIA Natural Gas Report 10:30 AM ET
Market has been trading side ways during ETH session, therefore, we might see a pullback. Any test of ETH session High could provide direction for the day. Level to watch 4510---4512 Report to watch: US: EIA Petroleum Status Report 10:30 AM ET
ETH session market has continued its momentum to Fibonacci extension 1.618 Level. Any test of ETH session High could provide direction for the day. Level to watch 4495 --- 4497
Sellers have been active during ETH session and trading below Friday's low. Any test of ETH session Low could provide direction for the day. Level to watch 4446.00 --- 4444.00 Report to watch: US:Housing Market Index 10:00 AM ET
S&P is approaching resistance level, question is whether it would go through or get rejected. Any test of ETH session High could provide direction for the day. Level to watch 4455 --- 4453 Reports to watch: US:Business Inventories 10:00 AM ET US:Consumer Sentiment 10:00 AM ET
Even though, market continued its rally during ETH session, Bulls are struggling to maintain any momentum lately. Any test of ETH session High could provide direction for the day. Level to watch 4400 --- 4398 Reports to watch: US:EIA Natural Gas Report 10:30 AM ET US:EIA Petroleum Status Report 11:00 AM ET
Market has tested yesterday's Low few times during ETH Session Any test of ETH Low could provide direction for the day. Level to watch 3340 ---- 3338 Report to watch : US: FOMC Minutes 2:00 PM ET
This market seems very Bearish where Bulls are not able to sustain any rally. Any test of yesterday's Close could provide direction for the day. Level to watch 3360 --- 3358 Report to watch: US:JOLTS 10:00 AM ET
Currently, market is testing yesterday's Low. Any test of yesterday's Close could provide direction for the day. Level to watch 4392 --- 4390
Market has extended it's rally to ETH session from yesterday. Any test of ETH High could provide direction for the day. Level to watch 4398 --- 4396 Report to watch: US:EIA Natural Gas Report 10:30 AM ET
Last few sessions market has been extremely volatile with Big swings both directions. Any test of yesterday's Low could provide direction for the day. Level to watch 4300 --- 4298 Report to watch: US:EIA Petroleum Status Report 10:30 AM ET
Market is trying to rally this morning and testing Fibonacci 50% level. Any test of Fibonacci level could provide direction for the day. Level to watch 4309 --- 4307 Report to watch : US:ISM Services Index 10:00 AM ET
Bulls are trying to hold Fibonacci 50% level to build on Friday's momentum. Any test of such levels could provide direction for the day. Level to watch 4334 --- 4332 Report to watch: US:Factory Orders 10:00 AM ET
After a sell off yesterday, market is trying to rally this morning. Any test of yesterday's Close could provide direction for the day. Level to watch 4322 --- 4320 Reports to watch: US:PMI Manufacturing Final 9:45 AM ET US:ISM Manufacturing Index 10:00 AM ET US:Construction Spending 10:00 AM ET US:Consumer Sentiment 10:00 AM ET
After Initially rallying during ETH session market has come down to Fibonacci 50% level. Any test of such level could provide direction for the day. Level to watch 4367 --- 4365 Reports to watch: US:Chicago PMI 9:45 AM ET US:EIA Natural Gas Report 10:30 AM ET