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VEA MARKET REPORT: DECEMBER E-Mini S&P 500 Futures (ES)
Released before 8 am ET.
DAILY AXE ======= R = 2130.25 S = 2123.75
WEEKLY AXE ===== R = 2157.50 S = 2139.75
MONTHLY AXE === R = 2176.50 S = 2135.00
Look for Bulls to have control ABOVE 2121.00
Look for Bears to have control BELOW 2121.00
Today we say:
Daily C wave down below Daily LEB 2121.00. We think we hold 2110.75-2115.25 and maybe flush lower to 2106? Else we pop to 29.75-33.00? We are into Weekly LEB 2110.75. (Target for swingers)