Thoughts on /ES🤔
/ES
Tomorrow is all about PCE. We can drop another 100 points to 3550s and lower or rip to 3930s.
FOMC members are speaking the rest of the week + Powell so things are going to get interesting. Stay nimble.
“Remember, the market transfers money from the impatient to the patient!”
Want To Learn Volume Profile?
🐦 BIRD’S EYE VIEW
Stocks We Will Be Reviewing
- FUTURES - /ES & /NQ
- ETFs - QQQ (tech)
- VIX - Volatility Index
- STOCKS - SPY
/ES
Game Plan:
⬆- 3807 - key level
⬆- 3775
⬆- 3759
⬆- 3743
⬆- 3724
⬆- 3703
⬆- 3679
⬆- 3650
PD POC - 3654
⬇- 3612
⬇- 3596
⬇- 3512
POC: 3654 / VH: 3673 / VL: 3624
SPY
Game Plan:
⬆- 380.26 - POC
⬆- 378.28 - resistance
⬆- 374.28 - POC
⬆- 370.44
⬆- 368.5
⬆- 367.14
⬆- 361.97
PD POC - 360.8
⬇- 358.72
⬇- 354.39
⬇- 348.98
⬇- 340.05
POC: 360 / VH: 362 / VL: 357
/NQ
Game Plan:
⬆- 11667
⬆- 11641
⬆- 11483
⬆- 11434
⬆- 11373
⬆- 11288
⬆- 11267
PD POC - 11,231
⬇- 11174
⬇- 11061
⬇- 10937
⬇- 10660
POC: 11231 / VH: 11325 / VL: 11162
VIX
Game Plan:
⬆- 36.69
⬆- 34.79
⬆- 33.48
⬆- 32.02
---------------
⬇- 30.25
⬇- 28.42 - next target
⬇- 27.52 - need to reclaim key resistance
⬇- 24.69
QQQ
Game Plan:
⬆- 285.95
⬆- 283.42
⬆- 280.68
⬆- 274.97
⬆- 273.8
⬆- 271.78
⬆- 269.56
PD POC - 272.21
⬇- 266.75
⬇- 259.65
⬇- 256.84
⬇- 251.28
POC: 272 / VH: 273 / VL: 269
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