Market Outlook 12/23/2020
/ES is still trading inside the big range created on Monday (12/21). As mentioned yesterday, the dip was a short-term bear trap, the job isn’t yet done for bulls as long as /ES is under the 3696-3701 zone.
Range bound action expected for most of the day today as volume slows down due to a shortened week. Last hour may provide some wide range.
/ES Market L…