I'm not predicting that this will happen, but here is one possible scenario as to where the YM, ES, NQ & TF end on April's Options Expiration Friday (April 20th). These particular targets fall at Fibonacci confluence levels and near various levels of the uptrending channel (which begins in mid-December 2011). Please note that my straight line is illustrative only and price may zigzag along the way. These targets are 13400 for YM, 1435 for ES, 2820 for NQ, and 870 for TF.
Such an extreme bullish advance may, in fact, tie in with the market's expectations of further monetary easing by the Fed at their upcoming meeting on April 24/25th (barring any catastrophic news events or earnings announcements beforehand).
WELCOME
Welcome and thank you for visiting!
The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex
N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.
DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.
Dots
* If the dots don't connect, gather more dots until they do...or, just follow the $$$...
Loyalty
ECONOMIC EVENTS
UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
***2024***
* Thurs. Nov. 7 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference
* Wed. Dec. 18 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference
*** CLICK HERE for link to Economic Calendars for all upcoming events.