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My Market Prep for 11/21/2018 #ES_F #FDAX

My Market Prep for 11/21/2018 #ES_F #FDAX

Economic News:

CET News exp prev
14:30 US Durable Goods -2.5% 0.7%
16:00 US Existing Homes 5.21M 5.15M
16:00 Michigan Consumer Sentiment
16:30 Crude Oil Inventories 10.3M

 

Market Prep for ES:

Levels:

  • open 2654.00
  • high 2671.25
  • low 2631.75
  • close 2640.50
  • Midpoint 2651.25
  • VPOC 2644.50
  • VAH 2660.00
  • VAL 2641.00
  • IBH 2661.50
  • IBL 2633.75
  • Single Prints 2705.00/2722.00
  • Buyers 2633.50
  • Sellers 2667.50
  • Targets upside 2695.00/2696.50
  • Targets downside 2582.00

Volume Profiling:

Souce: IQFeed®, Linnsoft RT®

 

Expectation:

  1. Open: inside value
  2. Hypo 1: bounce back to 2682.00, then continuation of sell-off to 2631.75, and maybe 2582.00
  3. Hypo 2: continuation of sell-off to 2582.00, then bounce back to 2631.75
  4. Hypo 3: sideways btw 2669.00 and 2631.75

 

Market Prep for XG:

Levels:

  • open 11157.0
  • high 11184.0
  • low 11002.0
  • close 11060.0
  • Midpoint 11093.0
  • VPOC 11103.0
  • VAH 11172.5
  • VAL 11071.0
  • IBH 11072.5
  • IBL 11085.5
  • Single Prints 11360.0
  • Buyers 11012.5/11095.5
  • Sellers 11173.0/11103.3
  • Targets upside 11229.0/11334.0
  • Targets downside 10833.0

Volume Profiling:

Souce: IQFeed®, Linnsoft RT®

 

Expectation:

  1. Open: outside value and inside range
  2. Hypo 1: bounce back to 11151.0, then continuation of sell-off to 11002.0, and maybe 10833.0
  3. Hypo 2: continuation of sell-off to 10833.0, then bounce back to 11000.0
  4. Hypo 3: sideways btw 11002.0 and 11151.0
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