I dont see the FED to pivot any time soon.
It can be another Jackson Hall event which will start a new directional move.
My ideal pathway is the low around Dec OPEX and high early Jan (might be the 200MA test)
Must hold numbers on closing level for tomorrow are:
- 3944.50-45
- 3906.50
Both are maj support zones.
Second number fits the best with other trendlines align around 3906-14SPX level
If the price will get a 4k test in am, it will be a perfect short for a move down to 3944SPX a min if not more.
Both long and short setups are coming, be patient if not in a trade already, be patient if you're
I gave you the levels to watch, feel free to use them for your own homework.
Have a good night.
It can be another Jackson Hall event which will start a new directional move.
My ideal pathway is the low around Dec OPEX and high early Jan (might be the 200MA test)
Must hold numbers on closing level for tomorrow are:
- 3944.50-45
- 3906.50
Both are maj support zones.
Second number fits the best with other trendlines align around 3906-14SPX level
If the price will get a 4k test in am, it will be a perfect short for a move down to 3944SPX a min if not more.
Both long and short setups are coming, be patient if not in a trade already, be patient if you're
I gave you the levels to watch, feel free to use them for your own homework.
Have a good night.
Comment:
Support worked like a charm today, lets see how tomorrow goes
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