Midweek Report for Week Ending 04/08/2016

Watch this 4 minute video to learn more. Don’t miss this E-mini S&P 500 Midweek Report for week ending 04/08/2016.

This is Paul Wett with www.WettTraderLLC.com giving you the Midweek Report for April 08, 2016

Like I’ve said folks, we’re looking for a significant high here. Which right here, we have a high at 2071.50

Like what I’ve said, we have a resistance near the 67, 63 to 71 area, 71.75

We have our weekly PP at 2050.33

We have our monthly PP at 2029.92 (2030)

Now, we hit 2034 folks! 2029.92 is the PP and we hit 2034.25

So now, what we gonna watch is we really want to watch this area to see if we’re gonna stay below this close here

and this is actually a monthly so we still have a little bit of time here.

This is the weekly. Like what I’ve said, we have some support and resistance here.

So like I’ve said, if we got confirmation on this weekly, we might be putting in this high we’re talking about over the last few weeks. Right here, like what I’ve said, we have a high right here

In the daily which can happen the day before or the day of the trade day. So there’s a high probability that we could have our high in folks.

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