Premarket 18/04/2016
Hi everyone, today everything look like a great day so let's see the chart.
YM
Now is outside the range, and try to retest the 17800, but it can for now. Probably the price will try to retest the level for second time.
Now this market is very bearish, the price could be back to the range area. That's the signal for no trade in the session.
TF
This market is in a range and have nothing to do by now. A close below 1118 will be the first clue to be bearish today.
NQ
I like this chart because price breakout the range and now the price is moving inside the bearish channel, I expect that price continues down in today's session.
In a nutshell, today everything look bearish, we have to have a ice in the Vix, in this goes up bearish if it goes down we should wait until the price breakeout the range and then look for long opportunities. I'll be back at 15:00 GMT+1.
Good Bye and Good Trading.
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