US100 H1 - Short Signal

US100 H1

Here is a little range we were discussing yesterday evening on the call, this 19,850 resistance price, down to 19,600 support price, a nice 250 point range which could be utilised. I'm not going to go too heavy with the setups today, because until we see the data cluster, we want to observe rather than to be involved so much.

Markets are often hesitant and stagnant around these types of economic events. So lets just sit cash for a while and evaluation post event, hopefully the data will give us some opportunities and entries and the stock market open will really help push the volume and give us some drive we need to yield some nice profit.