Hello Everyone,
Weekly Projected Extreme Range on ES (4025-4250)
The ES Weekly level of interest 4160 which holding above would initially target prior highs at 4208. Below 4160 would first target4130. Weekly extremes 4060-4265. Please refer to the sticky post in the trading community for updated daily levels.
Fresh Supply Zone for the SPX overhead 4220-4325 with fresh demand zone below 4058-4032. Note SPX reached previous supply zone above 4058 on Friday and rejected with a nice pullback (as shown on the expanding diagonal pattern).
Fed Speaker Schedule this week Tuesday- Bowman @ 1PM
Wednesday - Williams @ 7AM, Fed's Biege book @ 2PM
Thursday- Waller @ 12PM, Bowman @ 3PM, Harker @ 8PM
Friday- Cook @ 4:30PM
Headline Releases Next Week:
1.Housing Starts on Tuesday
2. Jobless Claims on Thursday
3. Existing Home Sales on Thursday
4. Services and Manufacturing PMI data on Friday
5. TLSA and NFLX report this week along with more Financial Companies
Please take a moment to look at the trade ideas.