My Bias - Am I Bullish or Bearish on ES?🤔

Thoughts on /ES🤔

FOMC is right around the corner. Push over 4600 before FOMC could lead to a heavy sell-off after FOMC. If we reject 4600 and fall below 4560 we could get a fast pop to the upside and then sell off. A sell-off is around the corner so be careful imo.

Upside:
Pushing back toward 4600. Hold over 4560 we push to 4625.

Downside:
Below 4560 we could see a pullback to 4530 but if that fails next is 4508. If that fails we can see 4484. Further below, then 4460 and 4420 is lined up for a deep retracement.

“Remember, the market transfers money from the impatient to the patient!”

Want To Learn Volume Profile?

Stocks We Will Be Reviewing

• FUTURES - /ES & /NQ
• STOCKS - SPY
• ETFs - QQQ (tech)
• VIX - Volatility Index

/ES

POC: 4584 / VH: 4588/ VL: 4576

/NQ

POC: 15553 / VH: 15584 / VL: 15540

SPY

POC: 454.18 / VH: 454.50 / VL: 453.76

QQQ

POC: 375.87 / VH: 376.74 / VL: 375.57

VIX

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