Ahead of Friday's Jobs Report, What is the e-Mini ES Pattern Telling Us, if Anything?



The Feb-Mar pattern set-up, the near-term pattern set-up, and the hourly momentum, all suggest strongly to me that the e-SPM is poised for upside continuation above key, micro-resistance at 2068, on the way to a test of the top of the large range-bound pattern.

For the remainder of today, I expect a probe of 2068, but not much more, because tomorrow's Job Report looms large, and will provide the next directional catalyst-- on Sunday night into Monday when the markets reopen.


  Matched
x
  • In our live, interactive Trading Room, we identify trading opportunities in ...
  • Equity Index Futures
  • Index & Sector ETFs
  • Individual Stocks
  • Precious Metals
  • Energy
  • Forex
  • Treasuries
  • International Markets
  • And Much More
Join MPTrader Now!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!