In this update we review the recent price action in SP500 futures contract and identify the next high probability trading strategy and price objectives to target
Type : Bullish rise
Resistance :1143'0
Pivot: 1122'0
Support : 1105'2
Preferred Case: With price moving above the ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance in line with the 161.8% Fibonacci extension from our pivot in line with the horizontal pullback support and 23.6% Fibonacci retracement .
Alternative scenario:...
In this update we review the recent price action in the Nasdaq futures contract and identify the next high probability trading strategy and price objectives to target
In this update we review the recent price action in the Russell2000 futures contract and identify the next high probability trading strategy and price objectives to target
Type : Bearish Continuation
Resistance: 85'46
Pivot: 83'76
Support : 82'04
Preferred case: With price expected to reverse off the resistance of the ichimoku cloud , we see a potential bearish continuation from our pivot level of 83'76 which is in line with 50% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 82'04 which is...
In this update we review the recent price action in the Russell2000 futures contract and identify the next high probability trading pattern. and price objectives to target
In this update we review the recent price action in the Dow Jones futures contract and identify the next high probability trading pattern and price objectives to target
In this update we review the recent price action in the SP500 futures contract and identify the next high probability trading locations and price objectives to target
Type : Bearish drop
Resistance : 1105'2
Pivot: 1080'2
Support : 1042'4
Preferred Case: With price expected to reverse off the stochastics indicator, we see a potential bearish continuation from our pivot level of 1080'2 which is in line with 61.8% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 1042'4 which is in line...
