On the way to 40s area, there is also substantial resistance around 2020.
It includes two sublevels: 22-24 and 13-14, below which ES finished Friday.

Thanks, Jim.

Also, to see the priceflow, do a regression channel on the 5-min from yesterday's high to today's low, and look at the 50% IB.

Perfect geometry.

Tomorrow?

But mostly it's just narrow range chop while they await ChairSatan Old Yeller tomorrow.

The only way I could see that is if they say rate hikes are totally off the table, we made a mistake, if anything we'll be pulling that one back, etc. I can't quite see that happening. But, you never know...

Originally posted by MarcinO

Tomorrow?

Click image for original size

The ES is primed to go here. But, I am not sure it will do much before tomorrow.

I would have thought they'd run it right up to the announcement, but they don't seem inclined to.

Maybe 7.50-8.00 if it gets going at all. How pathetic, though, begging for a few points when seeing 20-30 fast and repeatedly has become the norm. That's why traders need to make hay while the sun shines, as times like we've had won't last forever.

Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz. Just what I expected. As I have said many times before, my greatest fear, 'what keeps me up at night', is that they end the money printing and fake sham market algo HFT BS (yeah, right...) and this would be considered a good day, an active day...

add modified schiff set - solo and on prior chart in aqua