Economic Calendar Economic Calendar for this week highlighting the important events to look out for. Monday: Treasury Statement.Tuesday: FOMC Meeting and CPI.Wednesday: PPI, EIA Petroleum, FOMC Announcement, and Fed press conference.Thursday: Jobless Claims, Phil Fed Man. Index, Retail Sales, Industrial Production, EIA Natural Gas, and Fed Balance Sheet.Friday: Consumer Sentiment. FOMC An eventful week ahead Read more

Economic News Economic Calendar for this week highlighting the important events to look out for. Monday: Factory Orders and ISM Services Index. Tuesday: N/A. Wednesday: International Trade and EIA Petroleum. Thursday: Jobless Claims, EIA Natural Gas, Fed Balance Sheet. Friday: N/A. Rollover The week ahead is rollover week. As we approach contract expiration, we can Read more

When supply and demand are nearly equal, price moves sideways. This sideways price action is called a consolidation zone. Above is a hand drawn rectangle over a consolidation zone on ES 12-22 5min. This usually happens before price continues its trend or reverses into a new trend. When the average range contracts over a period Read more

It’s important to be able to identify Support and Resistance. Support acts as a floor preventing further downward movement.Resistance acts as a ceiling preventing further upward movement. Price movement relies on supply and demand: Areas of support and resistance are created by the decisions of market participants working in an uncertain environment. Decisions to buy Read more