Link to chart: www.tradingview...chart/5XGqlTVf/?symbol=CME...
Sideways action staying above the blue trendline created from a few weeks ago of hitting a recent support level.
There are major news events to end the week and with rumors of a GOVT shutdown, I am expecting a huge squeeze towards end of the week.
My area of watch is 14850s to 14820s.
BULLS: Maintain over 14850, a possible move to 15200s.
BEARS: Break and retest 14850, a possible move to 14650-14700s.
Sideways action staying above the blue trendline created from a few weeks ago of hitting a recent support level.
There are major news events to end the week and with rumors of a GOVT shutdown, I am expecting a huge squeeze towards end of the week.
My area of watch is 14850s to 14820s.
BULLS: Maintain over 14850, a possible move to 15200s.
BEARS: Break and retest 14850, a possible move to 14650-14700s.
