The lines on the chart are ES futures lines to make them correct for SPX500 add 1 point to every line!!!
The overnight action does not mean much to me due to the action is still inside the multi day consolidation. So will be watching for reaction in the RED zone top and bottom area and my other marked areas, away from these levels I most likely will take very little action. the opening impulse could help out with the direction bias today but the consolidation may have lots of power and is in need of respect.
The overnight action does not mean much to me due to the action is still inside the multi day consolidation. So will be watching for reaction in the RED zone top and bottom area and my other marked areas, away from these levels I most likely will take very little action. the opening impulse could help out with the direction bias today but the consolidation may have lots of power and is in need of respect.