For tomorrow - I'm anticipating most likely a 4175/85 print, but it may happen overnight giving us a larger gap up on the Open. Continuation below 4120 seems less likely right now. Opening inside today's range would be preferrable from a day trading perspective. Let's see how it goes.
Key level here on ES. Needs to hold to get an 86-90 print today, IMO. If not - I would assume 4140 next stop below. NQ holding above green, so should tilt the odds to the long side.
Not always easy to forecast these levels with any accuracy, but it's my assumption that 40/60 is a key level here for a Day Low print. So, I'm taking a few stabs a the long side for a good rally which should come out off this zone - God willing. Looks like we may have it here @ 4153. Would be surprised to see us trade lower than 40 on the day, but you never know, do you...
86 is my anticipated target for the day, but we could drift higher, too. Say 4190 ~ 4200. Will pay attention to 86 and take a quick exit if a reversal there. If not - just trail and let it grind. Falling back below 77 and I'll probably scratch it at 70.