11/27/23 Day Bias: Neutral
The last daily candle does not take the previous day candles high or low, leaving me with a Neutral bias. Being Monday and back from holiday, I expect some whipsaw action/ chop. This will create liquidity for the news events to come in the week.
11/27/23 - 12/2/23 Week Bias: Bearish
The last weekly candle wicks the previous weeks high but the body does not close above the high, leaving me with a Bearish bias. Short weekly target will be 15837.25.
News Events This Week: Orange/ Red Folder Events @ forexfactory.com
Monday
New Home Sales
Tuesday
S&P/CS Composite
CB Consumer Confidence
Richmond Manufacturing Index
FOMC Member Waller Speaks (10:05 New York)
Wednesday
Prelim GDP q/q
Prelim GDP Price Index q/q
Thursday
OPEC-JMMC Meetings
Core PCE Price Index m/m
Unemployment Claims
Chicago PMI
Pending Home Sales m/m
Friday
ISM Manufacturing PMI
ISM Manufacturing Prices
FED Chair 'Poppa' Powell Speaks (11:00 New York)
The last daily candle does not take the previous day candles high or low, leaving me with a Neutral bias. Being Monday and back from holiday, I expect some whipsaw action/ chop. This will create liquidity for the news events to come in the week.
11/27/23 - 12/2/23 Week Bias: Bearish
The last weekly candle wicks the previous weeks high but the body does not close above the high, leaving me with a Bearish bias. Short weekly target will be 15837.25.
News Events This Week: Orange/ Red Folder Events @ forexfactory.com
Monday
New Home Sales
Tuesday
S&P/CS Composite
CB Consumer Confidence
Richmond Manufacturing Index
FOMC Member Waller Speaks (10:05 New York)
Wednesday
Prelim GDP q/q
Prelim GDP Price Index q/q
Thursday
OPEC-JMMC Meetings
Core PCE Price Index m/m
Unemployment Claims
Chicago PMI
Pending Home Sales m/m
Friday
ISM Manufacturing PMI
ISM Manufacturing Prices
FED Chair 'Poppa' Powell Speaks (11:00 New York)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.