Hello Everyone,
Weekly Projected Extreme Range on ES (4025-4250)
The WEEKLY level of interest for ES is 4115 (represents 50 percent retracement of Friday range and where price consolidated on Friday producing high volume area). Holding above 4115 would first target 4160 with a close above 4160/70 opening the door to 4210-4250. A break below 4115 initially targets 4083 which if lost targets 4060-4025. Please refer to the trading community for additional updates on levels and zones throughout the week.
Economic Releases Next Week:
1. ISM Manufacturing PMI data on Monday
2. JOLTs jobs data on Tuesday
3. ISM Services PMI data on Wednesday
4. Jobless Claims data on Thursday
5. March jobs report on Friday (Despite US Markets Being Closed)
Please take a moment to look at the trade ideas.
