headerimage
  • PICK YOUR PATH
  • LOGIN
  • CONTACT
headerimage
headerimage
  • PICK YOUR PATH
  • LOGIN
  • CONTACT
BACK TO BLOG

010823 WEEKLY OUTLOOK

Resources

Take 35 minutes to review this overview of markets and gain some free education as we prepare for the coming week and our team’s work in the PATHWAY.

Some thoughts to start the week:

We came into the shortened opening week with the anticipation of a break from balance in the equities. The first non-farm payrolls release of the week brought considerable moves, but we’ve yet to break from the range of the last couple weeks.  With Powell speaking, the first CPI release of the year and earnings…we don’t anticipate that we’ll have trouble breaking from balance this week.

Here’s what we see for equities:

  • ES: In a range from 3800-3900 with a bullish posture.  With a break from balance…3975-4K is in play higher this week.  A swift return back through 3860 would negate.
  • NQ: 10750-11185.  11950-977 the key zone to watch.  Expecting pushes higher toward 11750 unless acceptance back below 11950 comes first.
  • RTY: 1743-1805 balance zone.  Bullish posture.  Acceptance above the bracket pushes toward 1837-1845. 1783 the key defense.  Acceptance below 1760 before pushing to 1837 puts last weeks’ lows in view.

For Crude:

  • CL: Bearish imbalance in monthly profile.  Balanced posture.  73.70 the early reference.  Multi-day range from 72.50-75.50.  Balance rules in play.  Breaks lower look for 71.50.  Breaks above to 82+.

Key Catalysts for the coming week:

  • Tues: Powell speaking
  • Wed: EIA
  • Thurs: CPI, WASDE
  • Fri: Bank Earnings, Michigan Consumer Expectations
ECONOMIC CALENDAR

Download the weekly QUICKSHEET with postures, expected ranges, & IB ATRs

010923 FUTURES QUICKSHEET of postures, expected ranges, etc

This week we shared a development focus: “Narrative v Playbook”

Stay up to date with us via our Twitter posts this week.

Define your risk and trade well!

← PREVIOUS POST
010923 FUTURES TRADEPLAN & QUICKSHEET: #ES_F #NQ_F #RTY_F #CL_F $VIX $SPY
NEXT POST →
010623 FUTURES TRADEPLAN & QUICKSHEET: #ES_F #NQ_F #RTY_F #CL_F $VIX $SPY

We are a trading skill development firm

We exist to provide traders with clear pathways to better decision-making

We help active traders learn to profile markets, make better trading decisions, and take more profits

CONNECT WITH US
  • PICK YOUR DEVELOPMENT PATH
  • 4 QUESTIONS FOR EVERY TRADER
  • ECONOMIC CALENDAR
  • GLOSSARY
>> ACCOUNT LOGIN
ARTICLES & VIDEOS
  • FUTURES DAILY OUTLOOK (316)
  • Getting Started with Profiling (2)
  • Market Profile Examples (44)
  • Profiling Concepts & Applications (3)
  • Profiling Essentials (5)
  • Profiling Execution (13)
  • Q&A Sessions (45)
  • Resources (27)
  • Tips for Newbies (29)
  • Video (66)
  • Webinars (27)
TWP in the Media
https://www.youtube.com/watch?v=-AexF1B_AyY
Profiling Insights
https://www.youtube.com/watch?v=QR2YygTVia0

Related News

Other posts that you should not miss.

[Q&A]: Using the profile to see and find value

Market Profile Examples, Q&A Sessions, Resources, Tips for Newbies, Video, Webinars
Part of our weekly Q&A series. We began the discussion with a look at how to use the profile to see "value" and use that value to help…
Read More →
1 MIN READ

[Q&A]: Using the profile to prepare for the next move

Market Profile Examples, Q&A Sessions, Resources, Tips for Newbies, Video, Webinars
Part of our weekly Q&A series. We began the discussion with a look at how to use the profile to prepare for the next move.  Then we opened…
Read More →
1 MIN READ

020523 WEEKLY OUTLOOK

Resources
Take 40 minutes to review this overview of markets and gain some free education as we prepare for the coming week and our team's work in the PATHWAY.…
Read More →
1 MIN READ
  • BLOG
  • 4 QUESTIONS
  • PICK YOUR PATHWAY
  • ECONOMIC CALENDAR
  • CONTACT US
  • TERMS AND CONDITIONS
  • ACCOUNT LOGIN
  • AFFILIATES
  • GLOSSARY
CONNECT WITH US
Facebook
Instagram
Twitter
Youtube
010823 WEEKLY OUTLOOK | TRADE WITH PROFILE