Both the S&P500 and Nasdaq futures tonight have tagged Daily Support levels. The 
ES1! has hit the Daily Kijun Sen which is the 50% Retracement of the December 20th through New Year rally and 
NQ1! has hit the Daily Senkou B which is the 50% Retracement of the rally of Q4 2021.
Checking news events this week JPow (Jerome Powell) is scheduled to testify Tuesday at 10am. I would expect Monday to be a muted day in anticipation of this talk and Tuesday to be the more interesting day of the week. All risk markets have focused on on rate hikes. Rate hike speculation is the defining theme going into January 2022.
ES1! has hit the Daily Kijun Sen which is the 50% Retracement of the December 20th through New Year rally and NQ1! has hit the Daily Senkou B which is the 50% Retracement of the rally of Q4 2021.Checking news events this week JPow (Jerome Powell) is scheduled to testify Tuesday at 10am. I would expect Monday to be a muted day in anticipation of this talk and Tuesday to be the more interesting day of the week. All risk markets have focused on on rate hikes. Rate hike speculation is the defining theme going into January 2022.
Note
I find it beautiful when price touches and holds with perfection higher timeframe levels when you dig down into the lower timeframes:
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.