Market is trying to rally during ETH session to break trend of last three down days. Ant test of ETH session High could provide direction for the day. Level to watch 4020 --- 4022 Reports to watch: US:Chicago PMI 9:45 AM ET US:EIA Petroleum Status Report 10:30 AM ET
Value traders are trying to put a rally together during ETH session, can they keep the momentum going. Any test of yesterday's LOW could provide direction for the day. Level to watch 4123 --- 4121 Reports to watch: US:Pending Home Sales Index 10:00 AM ET US:EIA Petroleum Status Report 10:30 AM ET
ETH session continued selling off and currently trading below yesterday's Low. Any test of ETH session Low could provide direction for the day. Level to watch 4265 --- 4267 Reports to watch: US:Business Inventories 10:00 AM ET US:EIA Petroleum Status Report 10:30 AM ET US:FOMC Minutes 2:00 PM ET
There is a lot of Euphoria after CPI was released earlier today. Will this last for an extended period is the question. Any test of ETH session High could provide direction for the day. Level to watch 4200 ----4198 Report to watch: US:EIA Petroleum Status Report 10:30 AM ET
S&P is testing June High which could be a resistance area. Any test of yesterday's Low could provide direction for the day. Level to watch 4105 --- 4103 Report to watch: US:JOLTS 10:00 AM ET
FOMC will release its decision on interest rates this afternoon which could be the reason why market is trading in a range during ETH session. Any test of yesterday's High could provide direction for the day. Level to watch 3952 --- 3954 Reports to watch: US:Pending Home Sales Index 10:00 AM ET US:EIA Petroleum Status Report 10:30 AM ET US:FOMC...
S&P 500 rallied broadly yesterday and reached to its highest level in six weeks. Any test of yesterday's High could provide direction for the day. Level to watch 4003 --- 4001 Report to watch: US: PMI Composite Flash 9:45 AM ET
Last three sessions S&P has closed positive, today traders will need to push over yesterday's High to continue such trend. Any test of yesterday's High could provide direction for the day. Level to watch 3874 --- 3872 Reports to watch: US:EIA Natural Gas Report 10:30 AM ET US:EIA Petroleum Status Report 11:00 AM ET
Last few days, ETH sessions sold off and RTH sessions bounced; could there be similar type of trading today? Any test of ETH session Low could provide some direction. Level to watch 3774 --- 3772 Report to watch: US:Factory Orders 10:00 AM ET
Market has sold off initially, before trading side ways during ETH session. Any test of ETH session Low could provide direction for the day. Level to watch 3766 --- 3764 Reports to watch: US:Chicago PMI 9:45 AM ET US:EIA Natural Gas Report 10:30 AM ET
Lately, every time market rallies, sellers are active and perhaps taking profits. Any test of ETH session High could provide direction for the day. Level to watch 3935 --- 3933 Report to watch: US:Consumer Confidence 10:00 AM ET
After last three sessions closing positive, traders might take some profit. Any test of ETH session High could provide direction for the day. Level to watch 3776 --- 3774 Reports to watch: US:PMI Composite Flash 9:45 AM ET US:Jerome Powell Speaks 10:00 AM ET US:EIA Natural Gas Report 10:30 AM ET US:EIA Petroleum Status Report 11:00 AM ET
Traders are trying to rally and trying to close last weeks gap. Any test of ETH session High could provide direction for the day. Level to watch 3738 --- 3740 News to watch: US:Existing Home Sales 10:00 AM ET
ETH session has given back all of yesterday' s gain. Any test of yesterday's Low could provide direction for the day. Level to watch 3730 ---3728 Report to watch: US:EIA Natural Gas Report 10:30 AM ET
Yesterday, S&P 500 has closed in a Bear market territory. Any test of yesterday's Close could provide direction for the day. Level to watch 3754 ---- 3756
Yesterday afternoon sellers were in full control and to maintain this momentum, sellers will need to defend Fibonacci 50% level. Any test of ETH session Low could provide direction for the day. Level to watch 4100 ---4102 Report to watch : US:EIA Natural Gas Report 10:30 AM ET
ETH session market has been trending down probably to test levels from last week. Any test of ETH session Low could provide direction for the day. Level to watch 4073 --- 4075
After a late rally yesterday, ETH session has been trading in a range. Any test of Fibonacci 50% level of yesterday RTH session could provide direction for the day. Level to watch 4110 --- 4112 Reports to watch: US:Factory Orders 10:00 AM ET US: EIA Natural Gas Report 10:30 AM ET