Futures Levels | Santa Rally - Naughty or Nice? (MES, MNQ, M2K)
Let's take a look at potential key levels for the week, most notably the session lows from Friday. Will a Santa Rally begin to take hold, or is there more naughty action for the bulls?
This weekend the crypto markets experienced a 15-30% decline, mostly looking like another scene from the movie "Horror For Over-Leveraged Longs."
Given that backdrop, and the aggressive selling on Friday, I'd think the expectation would have been for a weak open for the futures stock indices. But so far, it's looking like the open following the prior Black Friday sell-off, and most markets are a tad green. Still, it's early, still.
Stay Green & Trade Like You Mean It!
This weekend the crypto markets experienced a 15-30% decline, mostly looking like another scene from the movie "Horror For Over-Leveraged Longs."
Given that backdrop, and the aggressive selling on Friday, I'd think the expectation would have been for a weak open for the futures stock indices. But so far, it's looking like the open following the prior Black Friday sell-off, and most markets are a tad green. Still, it's early, still.
Stay Green & Trade Like You Mean It!
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Use Code: TDG8080 for 80% OFF!
✅Let's trade futures live together using the TradingView platform: tradersdevgroup.com/ptr-trial/