Morning Update: Today should provide resolution
We wake up this morning to the futures having done nothing of note.
My expectation would’ve been my limit at 3985.50 would’ve filled. We did not get down there in the overnights. Therefore, this morning I pulled the limit in favor of just an alert. I’ll examine the pattern if I get an alert for a possible long. Nonetheless, my expectation remains the same with one more push higher into the 4158 area or higher. Once we get above 4110, I’ll have enough of a pattern to dial in final targets.
If I decide to go long, I'll update. Keep in mind going long here is risky as we're anticipating this to be the final push higher for 2022...hence my trade size was only 1 ES contract.
Best to all,
Chris
My expectation would’ve been my limit at 3985.50 would’ve filled. We did not get down there in the overnights. Therefore, this morning I pulled the limit in favor of just an alert. I’ll examine the pattern if I get an alert for a possible long. Nonetheless, my expectation remains the same with one more push higher into the 4158 area or higher. Once we get above 4110, I’ll have enough of a pattern to dial in final targets.
If I decide to go long, I'll update. Keep in mind going long here is risky as we're anticipating this to be the final push higher for 2022...hence my trade size was only 1 ES contract.
Best to all,
Chris
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