Where is the santa rally?
ความคิดเห็น:
holding 4560 and reaching above overnight high would be bullish and shift odds to low is in and going for 4700 next, ideally still take more time today/tomorrow to print a higher low for a more solid base.
ความคิดเห็น:
RTY leading up is always bullish, but RTY is more volatile and until it can set up a sustained trend, it would be hard to trust its movement, minimally it needs a sustained break above 2190, but above 2225 (premarket high of last Thursday) would give more confidence on trend shift.
ความคิดเห็น:
If ES cannot turn down before close, then watch for next major resistance around 4660, a pullback from there to 4600 makes sense, unlikely to make a sustained break below 4600 tomorrow as there is huge open interest of ES 4600 puts tomorrow.