E-Mini S&P 500 and E-Mini NASDAQ Day Trading Market Review for Week Ahead 2nd December

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S&P 500 – Last week we were looking for a potential break above the 600 level and tax reform in the US helped the S&P into a huge bullish bounce. This week we look at key support and resistance areas for pullbacks.

NASDAQ – Last week we were focused on the sloping trend line and the NASDAQ sold off from those levels. Coming into this week I once again give you my thoughts on the key levels for the week.

Comments

Karen Schade says:

Thanks again for your very detailed and informative analysis! Always helps!

Pappu Yaar says:

Thank you for covering NASDAQ. It is, in fact, becoming a very helpful tool for trading NASDAQ Futures. Just a small question, if you can answer, why there is a difference between my four hour chart and yours? I am using GMT+5 time on my computer. Your chart seems to be a little more accurate because of difference in candle shapes than mine one??

Anwar ul Haq says:

I am extremely grateful to you for covering / providing an overview of Nasdaq every week. If you remember, I was probably first person to request you for the same.
At this stage, I don't have words to say thank you.

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