7 September 2017 (9:03 AM EDT)
U.S. stock futures have been fluctuating in a narrow range through the session, and the same choppy but range bound pattern is expected to continue after the opening bell.
Major indexes are expected to trade within this week’s range. For Dow Jones, that would mean a 100 points up till 21,900 on the upper side and a 100 points down till 21,700 on lower side. In between, this mega index will encounter minor support and resistance levels at nearly every 50 points.
So, watch support and resistance levels on hourly charts and follow the short term trend within those levels.
Good luck, enjoy the session!