My Bias - Am I Bullish or Bearish on ES?🤔
Thoughts on /ES🤔
Last week we closed with a solid move-up. Need to stay above 4600 so we can push higher and if so we will see over 4630 finally. If we reject we can start to see the sell of below 4560 unfold.
Upside:
Needs to stay above 4600. An aggressive move through 4630 to 4703 > 4718 follows.
Downside:
4560 is holding right now. Once that breaks, we will see 4532, then 4508. If that fails we will see 4484 shortly.
“Remember, the market transfers money from the impatient to the patient!”
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Stocks We Will Be Reviewing
- FUTURES - /ES & /NQ
- STOCKS - SPY
- ETFs - QQQ (tech)
- VIX - Volatility Index
/ES
POC: 4605 / VH: 4614 / VL: 4596
/NQ
POC: 15842 / VH: 15895 / VL: 15779
SPY
POC: 456.77 / VH: 457.26 / VL: 456.18
QQQ
POC: 383.82 / VH: 384.22 / VL: 382.26
VIX
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Disclaimer: This newsletter is not trading or investment advice, but for general informational purposes only. This newsletter represents my personal opinions which I am sharing publicly as my personal blog. Futures, stocks, bonds trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. Reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are the courtesy of Think or Swim. I am just an end user with no affiliations with th x
