11/12/23 US30 Weekly Outlook
#US30 #DailyReview #WeeklyOutlook
Took out the PWH and traded into a W-FVG up to the mid point at 34300.6. The 1H/4H+FVG is sitting right at the W-FVG(L) at 34098.9 and if we move up this is likely where I may look for a move up. Tuesday we'll have CPI and Wednesday we'll have PPI and Retail sales. Then Thursday we will have Unemployment Claims so that will definitely move the markets on those days for sure.
#1 main goal is the PWH for an initial upside move
#2 Pushing down into the +FVG that is the downside move on the LTF but, I want to see if the move is pushing down to move up from there.
4H chart
Took out the PWH and traded into a W-FVG up to the mid point at 34300.6. The 1H/4H+FVG is sitting right at the W-FVG(L) at 34098.9 and if we move up this is likely where I may look for a move up. Tuesday we'll have CPI and Wednesday we'll have PPI and Retail sales. Then Thursday we will have Unemployment Claims so that will definitely move the markets on those days for sure.
#1 main goal is the PWH for an initial upside move
#2 Pushing down into the +FVG that is the downside move on the LTF but, I want to see if the move is pushing down to move up from there.
4H chart
Commento:
Did not trade into the FVG but instead held at the +OB created during the overnight sessions
Commento:
4H chart
