
“While I would be bearish on the ES, NQ and YM for the first half of the week, I would actually be bullish..”

“Whether bullish or bearish, I would trade this week very cautiously on either side.”

“For the coming week, especially the first half of the next week, consolidation and basing is the name of the game. IF that cup and handle on the..”

“Given that markets have been falling relentlessly, many key supports and MAs have been broken. It’s only a matter of time when there would be some dead cat bounce. But..”

” While last couple of days of the week gone by have thwarted many bullish thesis, all the key index futures now are at the risk of breaking down big time. If that wasn’t enough..”
Technicals look bullish! But geopolitical developments would provide some headwinds in the week ahead! Although I would stay nimble, but all the dips would be my opportunity to chip in my pennies!

“If CPI in the previous week threw cake for the bears, FOMC was that icing to enjoy the madness that ensued.”

“FOMC next week! This is critical because it comes after last week’s CPI and recent gains in the energy prices. Add to that, what we saw on Friday and what the charts are showing, next week doesn’t look good from the bulls’ perspective.”

“While lower time frames are all bearish, weeklies haven’t given conclusive bearish signals. So, if one is holding the shorts, or initiating a new one, ensure to get out of them quickly unless there is a confirmation to continue the bearish bets on the weekly charts.”