Here is a 15 minute bar chart of the e-mini day sessions. I think a new up swing has begun from today's low at 894. I expect it to carry the market to 952 which is midpoint resistance between the 1067 high in October and the 837 low earlier that same month.I expect tomorrow's day session range to extend from 904 to 925 (blue rectangle). The 904 level is the midpoint of today's day session range (purple dotted line).
3 comments:
Carl,
it's been a good day for me to learn and observe. Greetings from Germany, Val
Carl,
I agree with your analysis. I wouldn't be surprised if we hit the 952 level by Friday Opex.
-Win
Fully agree with you, but don´t you see a big downturn in a few days heading to 700
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