This week was light on market events. The S&P 500 (/ES) has been guiding lower this week with no ‘Santa Rally’ in sight.
On Friday, the Personal Consumption Expenditures Price Index (PCE) will be released at 8:30 a.m. Eastern, followed by the Umich Consumer Sentiment Index at 10:00 a.m. Eastern.
Keep in mind, the market is closed on Monday, December 26th for Christmas observance.
Check out the video above for a breakdown of my critical levels and structure on /ES.
Stay Focused and Happy Holidays!