Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Red Dragon leo (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

ES Morning Update December 18th 2024

% of readers think this story is Fact. Add your two cents.


Up, down, up, down, but going nowhere… that’s the market of the last week or so. A big move is coming, but I don’t know if it’s an up move or down move? With the FOMC at 2pm EST the market should remain in a zone until after the meeting.

My thoughts are the following…

Scenario ONE: The market rips higher after the FOMC and closes the day near the high with some kind of 100+ point move.  Basically it just takes out the 6111 prior high (December contract) by at least 20 points it’s a stop run basically.  Ideally we hit 6166 for the ritual number play, which today is also a ritual number day.  But that’s not required.

Scenario TWO: The market flushes down into the close after the meeting (how much I don’t know… 100 points?) and that puts in the bottom for any correction we’ve been in since the 12/6 high if 6111 (December ES contract). Then we rally back up for another week or so to reach 6150+ (probably 6200+) as if we do flush lower the final high should be pushed out for another few weeks… meaning we could see the Santa Rally after all.

I want to see Scenario ONE so I can short the pig but I don’t usually get what I want. So I have to be on the lookout for Scenario TWO as a flush-out drop lower first as a fake out move and then a final rally up afterwards in the coming few weeks. Bottom line here is that whichever way the market goes first, after the FOMC and into the close, the opposite direction is the next likely true trend move.

Have a blessed day.


Source: http://reddragonleo.com/2024/12/18/es-morning-update-december-18th-2024/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.