Market Outlook 01/20/21
Bears held the 3792-98 zone on /ES and 2148-54 zone on /RTY on Tuesday while /NQ took a trip to the moon, likely in anticipation of NFLX earnings which were extraordinary. However, /ES spent a lot of time in the “Must Hold Zone” for short side bias with price accepted within the zone. This zone should provide the direction today as we expect to follow t…