The ES Futures failed to gap over resistance, which leads me to believe we’ll rollover today, as it’s always harder to push through any resistance zone during normal market hours then after/pre market hours when the futures are easy to manipulate. So we wait for a break up or down at this point as no clear direction is seen here.
Normally I’d say that Wednesday would close up as it’s an FOMC day but this time I don’t think it will. Possibly some chop until it’s released again but I think we’ll close down and continued into a Thursday or Friday low.
I can’t see your upside target on the QQQ until we first have another move down across the board. We need to flush out the longs and get more bears short before we can make a double top or new highs I think Z…
The ES Futures failed to gap over resistance, which leads me to believe we’ll rollover today, as it’s always harder to push through any resistance zone during normal market hours then after/pre market hours when the futures are easy to manipulate. So we wait for a break up or down at this point as no clear direction is seen here.
SPY Update and forecast for Thursday/Friday: http://screencast.com/t/JOARa4AK
Too much wild swings today to short or go long. I’ll wait until tomorrow to choose.
BIG MOVE COMING! Clearly SkyNet doesn’t want anyone long or short and is hitting all stops before this move happens.
ES Futures update: http://screencast.com/t/xF36OjzGAMZ
Normally I’d say that Wednesday would close up as it’s an FOMC day but this time I don’t think it will. Possibly some chop until it’s released again but I think we’ll close down and continued into a Thursday or Friday low.
agreed, i think we get a down trend day, +1% or more down, the closer to 109, the QQQ gets…
I can’t see your upside target on the QQQ until we first have another move down across the board. We need to flush out the longs and get more bears short before we can make a double top or new highs I think Z…
The market feels like it wants to rollover here but with extremely light volume everywhere they are holding it up for now it seems.
QQQ forecast price for earnings Q115
http://zstock7.com/?p=9376
possible 111.9 —we’ll see