With the crazy event over the weekend and lite work on the reports side with the exception of Powell speaking at 1230... I DONT Know what to expect and will be watching the following levels. ATR currently sitting at 5.46, which is a slow increase.
If we can get over 497.50 area we could see the 500 trange again, maybe 503.50 area.
If we lose the 495 area we could go as low as 490.73
SCALP
SR2 498.53
SR1 497.82
SPOP 497.11
LAST PRICE 496.40
SBREAK 495.69
SS1 494.98
SS2 494.27
----------------
R2 503.50
R1 500.77
POP 499.13
LAST PRICE 496.40
BREAK 493.70
S1 491.54
S2 490.11
If we can get over 497.50 area we could see the 500 trange again, maybe 503.50 area.
If we lose the 495 area we could go as low as 490.73
SCALP
SR2 498.53
SR1 497.82
SPOP 497.11
LAST PRICE 496.40
SBREAK 495.69
SS1 494.98
SS2 494.27
----------------
R2 503.50
R1 500.77
POP 499.13
LAST PRICE 496.40
BREAK 493.70
S1 491.54
S2 490.11
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.