Bulls and Bears zone for 11-23-2020After last minute sell off on Friday, market has rallied back during ETH session.
Therefore, any test of ETH high might provide direction for the day.
Level to watch 3570 --- 3572
Emini
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Bulls and Bears zone for 11-20-2020Overnight session market has been trading with in yesterday's RTH session range.
If market breaches ETH High then next level would be Fibonacci 1.272 extension of Yesterday's RTH session.
Level to watch 3577 --- 3575
Bulls and Bears zone for 11-19-2020After selling off yesterday afternoon, ETH session seems to be trading in a range.
Any test of ETH session High should provide some direction for the day.
Level to watch 3574 --- 3576
Reports to watch:
US: Existing Home Sales
10:00 AM ET
US: Leading Indicators
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 11-18-2020Last couple of days RTH session patterns are very similar, where Bulls have been aggressive.
Any test of yesterday's Close should provide direction for the day.
Level to watch 3610 --- 3612
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 11-17-2020Market has been selling off during overnight session but it is testing yesterday's RTH session low.
As long as Bulls can hold yesterday's Low, we could expect some sort of a rally.
Level to watch 3600 --- 3602
Reports to watch:
US: Business Inventories
10:00 AM ET
US: Housing Market Index
10:00 AM ET
Bulls and Bears zone for 11-16-2020During overnight session, market was trading with in a range until there was a spike this morning.
Any test of Fibonacci extension 1.618 from Fridays RTH session should provide market sentiment.
Level to watch 3608 --- 3610
Emini daily breaks long term rangeEmini has broken out of the daily range. Should be so good opportunities ahead
Bulls and Bears zone for 11-13-2020After a sell off late yesterday, market has rallied during ETH session to test Fibonacci 50% level for the week so far.
Any test of ETH High should provide direction for the day.
Level to watch 3569 --- 3571
Reports to watch:
US :Consumer Sentiment
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 11-12-2020This market seems to be trading in a range and today might not be any different.
Any test of ETH Low should provide market sentiment.
Level to watch 3558 --- 3560
Report to watch:
US: Jerome Powell Speaks
11:45 AM ET
Bulls and Bears zone for 11-11-2020Overnight session market has rallied but it has yet to take out Fibonacci 50% level from the day it made ATH this week.
Any test of ETH High should provide some direction for the day.
Level to watch 3570 --- 3572
Bulls and Bears zone for 11-10-2020After so much volatility yesterday, it would not be surprising to see a range bound day.
Any test of ETH highs could provide direction for the day.
Level to watch 3539 --- 3537
Report to watch :
US:JOLTS
10:00 AM ET
Bulls and Bears zone for 11-09-2020Markets are going to open at ATH which might bring sellers out to test levels.
Test of ETH Highs should provide direction for the market.
Usually, it is a good idea to look at the left of the charts for previous levels that might be tested.
Level to watch 3619 --- 3621
Bulls and Bears zone for 11-05-2020It seems lately that as soon as market rallies to a level sellers get aggressive.
That could be a ominous sign and we could expect a change in market sentiment.
Level to watch 3497 --- 3499
Report to watch:
US:EIA Natural Gas Report
10:30 AM ET
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Bulls and Bears zone for 11-04-2020Overnight session market has traded with in a range which is wider than yesterday's RTH range.
If bulls can not take out ETH High, than we might see sellers get active.
Level to watch 3402 --- 3400
Bulls and Bears zone for 11-03-2020Yesterday market sold off then rallied to close above Fibonacci 50% level during RTH session.
During ETH session, market continued its rally which suggests that bulls are in control.
Level to watch 3332 --- 3334
Report to watch:
US: Factory Orders
10:00 AM ET
Bulls and Bears zone for 11-02-2020All last week every time market rallied it was sold off which is not good for bulls.
Any test of ETH Highs could suggest days direction.
Level to watch 3312 --- 3314
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
