15 Minute Chart of the TF Futures -- the Russell 2k index:
This market probably has one good move left in it before trade facilitation winds down towards the end of the year.
Most indexes are right in the middle of their 3 month ranges, so it's tough to gauge a direction off the daily charts.
But if you zoom in a few timeframes, we are at a very clear inflection point for the markets.
A sustained move above 825 and we will most likely tag 840-845.
A sustained move sub 815 and we will most likely retest the pivot from November 28, which is around 800-805.
The market is just looking for a reason. We've got a jobs number tomorrow and then fed voodoo next Wednesday. We should have a signal by then.
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