DOW & ES-minis
Monday:- Expected down move
Tuesday:- Expected start of a 2-day UP move into the Weekly 50% levels
Wednesday: Expectation of the 3-day and Weekly 50% level to be resistance, which was verified on Wednesday selling down from the Upper Risk levels.
Thursday: If this follows the overall DOWN trend then the potential of a move back down into the Weekly lows is a possibility, and further weakness next week….
Tuesday:- Expected start of a 2-day UP move into the Weekly 50% levels
Wednesday: Expectation of the 3-day and Weekly 50% level to be resistance, which was verified on Wednesday selling down from the Upper Risk levels.
Thursday: If this follows the overall DOWN trend then the potential of a move back down into the Weekly lows is a possibility, and further weakness next week….
A swing upwards on Thursday has the potential to close higher on Friday due to the pattern of a lower weekly open rising upwards into a higher weekly close....
US report continues below...
US report continues below...
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