Emini
Bulls and Bears zone for 09-10-2020Market sold off during ETH session to test yesterday's RTH session Low.
Perhaps, it will rally to test yesterday's RTH session High at least.
Level to watch 3386 --- 3388
Reports to be aware:
US: EIA Natural Gas Report
10:30 AM ET
US: EIA Petroleum Status Report
11:00 AM ET
Bulls and Bears zone for 09-09-2020After three days of sell off, it seems that market wants to rally since it is currently trading above Fibonacci 50% level of yesterdays RTH session.
Any test of Fibonacci 50% level should provide some direction.
Level to watch 3354 --- 3356
Report to be aware:
US:JOLTS
10:00 AM ET
Bulls and Bears zone for 09-03-2020Yesterday market rallied to Close at ATH. However, last few weeks when the market would rally it would be on a lower volume than usual which could be a sign of distribution.
During overnight session, sellers have been active to test Fibonacci 50% level from yesterday's RTH session.
Level to watch 3559 --- 3561
Reports to be aware :
US:ISM Services Index
10:00 AM ET
US:EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 09-02-2020Since yesterday morning, this market has rallied to another ATH.
Test of ETH High should provide direction for the day.
Level to watch 3545 --- 3547
Report to be aware:
US:Factory Orders
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:Beige Book
2:00 PM ET
Bulls and Bears zone for 09-01-2020After last minute sell off yesterday. market has rallied to test yesterday's High during overnight session.
A test of Fibonacci 50% level of yesterday's RTH session should provide some direction for the day.
Level to watch 3502 --- 3500
US:PMI Manufacturing Final
9:45 AM ET
US:ISM Manufacturing Index
10:00 AM ET
US:Construction Spending
10:00 AM ET
Bulls and Bears zone for 08-28-2020Yesterday's price action should be concerning to Bulls, because Sellers were very active at certain levels which was evident by watching volume.
Similar price action is evident on ETH session.
Test of ETH High should provide direction for the day.
Level to watch 3494 --- 3492
Reports to be aware :
US:Chicago PMI
9:45 AM ET
US:Consumer Sentiment
10:00 AM ET
Bulls and Bears zone for 08-27-2020Overnight session market has been trading sideways, we could have a repeat of yesterday.
A test of yesterday's Fibonacci 50% level could set the direction for the day.
Level to watch 3473 --- 3471
Reports to be aware:
US:Pending Home Sales Index
10:00 AM ET
US: EIA Natural Gas Report
10:30 AM ET
Bulls and Bears zone for 08-26-2020Yesterday market closed at another ATH which would be three days in a row.
However, overnight market has been trading sideways. If recent pattern holds than we might have another day of rally.
Level to watch 3451 --- 3453
Reports to be aware:
US:State Street Investor Confidence Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET