Yesterday’s Closing Remark: Buyers are back in the business now. 4620 had generated an up move at the end and buyers took ES above 55/61 so now we can support buyers above that area and above 4620. NQ held above 735/750...
Author - Rakesh Shah
Premarket Notes Snippet FOMC today and quadruple witching this friday. So roller coaster ride is not over yet. That being said, we are going to be neutral across the board for the day trading purpose. Do not blindly trust...
Yesterday’s Closing Remark: so now we wait for FOMC tomorrow to give us more clue. Rightnow both parties are active but i can still see more buyers and they have to prove it by going above 55/60 in ES and staying above...
Premarket Notes Snippet ES: Buyers still have a chance to take this thing higher if they can hold above 4635 or 4646/39.75 area and take out 55/59 area. 4655/61 is the area for yesterday’s sellers to defend. Above that...
Yesterday’s Closing Remark: we have to wait till the overnight price action to come up with tomorrow’s plan. if you are trading in the overnight then you can use the same levels and consider broken support turned into...