Premarket Notes Snippet Third friday of the month. Monthly option expiration date today (OPEX). and we had a breakdown effort below 4352 area. So today we have to see whether sellers can hold the price below 4370 if it goes...
Author - Rakesh Shah
Yesterday’s Closing Remark: Tomorrow is the option expiry so be extra careful for either side in equities. Price can bounce hard to the upside or gap down and go lower hard or ping pong between 4330/4370 or 4330/4350...
Premarket Notes Snippet ES:- 4363/4363.50 – Key area for both parties today to decide. If the price breaks above Globex high then 4376.50 and 4384 and potentially higher to 4420. Evaluate internals for gauge the likelihood...
Yesterday’s Closing Remark: Ovn/Other markets Data Points:Price action is neutral across the board having a slight new low in RTY and DOW compared to yesterday’s low except for NQ and ES. NQ and ES are stuck...
Premarket Notes Snippet ES:- 4363/4365.50 – Key area for the sellers to hold below today if they want to keep it down and prove themselves. Holding it below they are proving their point. If the price breaks above it, they...