Stocks We Will Be Reviewing
- FUTURES - /ES & /NQ &/VX
- ETFs - SPY &QQQ (tech)
Thoughts on /ES🤔
Small pop but overall selling pressure is still there. Need 4508/4484 zone to hold. As long as this hold I expect a retest near 4560 pivot. If that fails we will see lower. I have noted 4304/27 as an extreme if CPI/PPI causes a massive sell-off.
Needs to stay above 4508/4484 zone then we can look for the 4560 pivot. Over that 4600 is back in play. An aggressive move through 4630 to 4703 > 4718 follows.
Below 4508 we see 4484 and if that fails not much support till 4420 zone. If we continue to bleed 4390 is in the cards and on an extreme sell off data release of CPI/PPI we could see 4327 zone.
“Remember, the market transfers money from the impatient to the patient!”
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/ES (TD) - ES1! (TradingView)
POC: 4527 / VH: 4531 / VL: 4515
/NQ (TD) - NQ1! (TradingView)
POC: 15422 / VH: 15454 / VL: 15393
POC: 449.62 / VH: 450.23 / VL: 448.69
POC: 373.52 / VH: 374.46 / VL: 372.65
VIX Futures - /VX (TD) - VX1! (Trading View)
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