Yesterday's rally continued into ETH session and about to test Friday's Close. Any test of ETH session High could provide direction for the day. Level to watch 4600 --- 4598
Friday market closed at Low of last week and ETH session has continued same path. Any test of ETH session Fibonacci 50% level could provide direction for the day. Level to watch 4550 --- 4548
Yesterday's sell off paused around weekly Fibonacci 50% level. In addition, this week market has been alternating between sell off and rally. Level to watch 4625 --- 4627
There was a lot of Euphoria among traders after Fed announcement which continued into ETH session. Any test of ETH session High could provide direction for the day. Level to watch 4728 --- 4726 Reports to watch: US:PMI Composite Flash 9:45 AM ET US:EIA Natural Gas Report 10:30 AM ET
Two sessions in a row where market sold off then bounced to test Fibonacci 50% level. Could third day be the charm for Bulls. Level to watch 4627 --- 4625 Reports to watch: US:Business Inventories 10:00 AM ET US:Housing Market Index 10:00 AM ET US:EIA Petroleum Status Report 10:30 AM ET US:FOMC Announcement 2:00 PM ET US:Fed Chair Press Conference 2:30 PM ET
Even though, market is selling off during ETH session, checking Fibonacci levels might provide some insights. Any test of ETH session Low could provide direction for the day. Level to watch 4633 --- 4631
Markets are currently trading above Friday's High which could be bullish. Any test of Friday's Close could provide direction for the day. Level to watch 4713 --- 4711
This morning market has rallied to test yesterday's ETH session High. Any test of ETH session High could provide direction for the day. Level to watch 4692 --- 4690 Report to watch: US:Consumer Sentiment 10:00 AM ET
ETH session market has pulled back to test yesterday's Low. Any test of ETH session Low could provide direction for the day. Level to watch 4675 --- 4673 Report to watch: US:EIA Natural Gas Report 10:30 AM ET
After yesterday morning's rally market has been trading sideways since. Any test of yesterday's Close could provide direction for the day. Level to watch 4692 --- 4690 Reports to watch: US:JOLTS 10:00 AM ET US:EIA Petroleum Status Report 10:30 AM ET
Market has been trading sideways most of ETH session. Any test of ETH session High could provide direction for the day. Level to watch 4560 --- 4562
ETH session has continued markets rally from yesterday. For this rally to continue, market will need to stay above yesterday's Close. Level to watch 4587 --- 4585 Reports to watch: US:Factory Orders 10:00 AM ET US:ISM Services Index 10:00 AM ET
Since the market sold off a lot yesterday, it might be a good idea to check on Fibonacci levels. Any test of ETH session High could provide direction for the day. Level to watch 4515 --- 4513 Report to watch: US:EIA Natural Gas Report 10:30 AM ET
ETH session has rallied probably to test yesterday's High. Any test of ETH session High could provide direction for the day. Level to watch 4626 --- 4624 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:Jerome Powell Speaks 10:00 AM ET US: EIA Petroleum Status...
ETH session market sold off aggressively perhaps to test last week's Low. Any test of ETH session Low could provide direction for the day. Level to watch 4611 --- 4609 Reports to watch: US:Chicago PMI 9:45 AM ET US:Consumer Confidence 10:00 AM ET US:Jerome Powell Speaks 10:00 AM ET
Market has been trading in a range during ETH session after selling off on Friday. Any test of ETH session High could provide direction for the day. Level to watch 4639 --- 4637 Report to watch: US:Pending Home Sales Index 10:00 AM ET
Market seems to be under selling pressure this morning. Any test of yesterday's Low could provide direction for the day. Level to watch 4670 --- 4668 Reports to watch: US:New Home Sales 10:00 AM ET US:Consumer Sentiment 10:00 AM E
This morning market is trying to rally, after a late sell off yesterday. Any test of yesterday's Close could provide direction for the day. Level to watch 4677 --- 4675