- Index futures are trading higher this morning, indicating a stronger start to today's trading day.
- Tensions in Israel and Gaza continue to rise.
Quote of The Day
"When your work speaks for itself, don't interrupt."
- Pending Home Sales
|E-Mini Russell 60 Minute|
- I am currently watching the Russell trade above supply out of a demand zone below this morning. Price is also trading around the wedge lows. I am looking for a big push higher today, to the wedge highs and overall supply around 1158.9. I am going to wait and see how price responds at the open, before looking to get in long.
|E-Mini Russell 6 Renko|
- Right now I am watching the Russell trade out of a small price wedge at the lows of a larger price wedge. I am looking to buy pullbacks all the way back up to the highs of the wedge, but I will be aware of a few overhead sell zone. I am overall bullish, but I will be waiting for a pullback before looking to get in long.