ES - all eyes on 4k
Updated
There are 3 areas the market has been chopping around in since November 10th - 3960, 3980, and 4k. Any one of them can be a resistance point where the sellers come in. Above 4k on a daily close, and 4100 would likely be next. Probable paths are shown. I'm still thinking a sell down to 3770 into December makes sense right now but 3900 will be a support zone. It could also just chop around until Wednesday - there's an enormous amount of data out on that day and also FOMC minutes at 2pm Wednesday. Will update if things get clearer. Good luck!
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upper yellow trendline target comes from this daily structure Comment
On spx cash, there may be another uptrend pitchfork forming. If so, the median line would be the target. If we have the Santa Rally after a pullback, it may be something like this into January. Comment
channel trendline on DXY holding so far (monthly chart) Comment
3960 still holding back bulls Comment
nothing really happened today. SPY is a DOji. DJT and IWM had relative stregth which could mean a bullish move tomorrow. Comment
Good morning, futures are getting above 3960 this morning, so I expect a push up to 4k before tomorrow's data/fomc minutes. I still think the yellow or red arrow path is most likely Comment
AAPL support is around 147, Under 146 and the markets are going to go lower with it. Target for AAPL is 140 if that happens (gap area). Comment
2nd resistance area of 3980 reached, I still think 4k is likely by the close, but maybe not. Comment
vix 8 cents away from daily BB with daily bullish divergence Comment
stops area starting to get hit. I may take a few small shorts into tomorrow (emphasis on small!) 
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