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Daily Support & Resistance Levels and Other valuable Info for Futures Traders...
Have a great weekend!
Weekly newsletter with levels for Monday, article on "tight stops/ wide stops" and more
now LIVE.
Weekly levels below:
Levels for Tuesday, April 26th
Levels for Wednesday, April 27th below:
Daily chart of mini NASDAQ 100 futures for your review below with possible extended target for this sell off.
Earnings season is still in full swing and fueling an already very EXTREME volatile stock index futures like
NQ,
MES,
YM and others.
Tomorrow we have:
Exxon Mobile
Chevron
Bristol-Myers Squibb
Phillips
Just to name a few. Add this to an active economic calendar you can view below and one should prepare oneself for continued volatility.
The Friday options, which tomorrow are also end of month EOM options may be a good tool to:
Either speculate with the short term options ( probably allow for better staying power than futures in my opinion)
AND/OR
Use as possible protection with the futures.
Plan your trade, trade your plan!
Levels for May 3rd below:
FOMC Rally....big question in my opinion is, will we have follow through or not tomorrow.
Levels for Thursday, May 5th:
NFP tomorrow. The Non Farm Payrolls report in a very volatile environment we are in can be interesting to say the least....be careful out there....
