This will be a pivotal week for the US markets. A deluge of data will unleash breathless spikes, tormented dives, and wicked whipsaws.
Tue: Consumer Price Index
Wed: FED decision on interest rate
Thu: Retail data
Fri: Options Quad witching.
All of which make algo's merry and traders wary.
Going to trade light, if at all.
Globex #ES_F forming a low volume, narrow range bear flag.
Resistance at 4024.
Support at 3940 and then at 3910
Tue: Consumer Price Index
Wed: FED decision on interest rate
Thu: Retail data
Fri: Options Quad witching.
All of which make algo's merry and traders wary.
Going to trade light, if at all.
Globex #ES_F forming a low volume, narrow range bear flag.
Resistance at 4024.
Support at 3940 and then at 3910
