ES is at Bull/Bear line
ES is at Bull/Bear line, hit 110 MA and 50% retracement. A real test of who is in charge is right here.
As well as ABC move up with perfect 100% extension hit on the SPX close.
Jumping over the 110MA and test from the above will be a good sign of continuation of this move.
There is also a possible fakeout to watch.
A perfect place for a pause of this move up and some retracement.
An ABC move up to 4017SPX or so is what Im looking for with A being done and we get to test 3730-40 zone before the continuation higher.
Ideally we see the whole move going into the 4th of July weekend!
Im slightly short as of close, kinda risky trade as this can just continue extending to 1.618
Will send a separate email with more charts to those who are on the email list.
Enjoy your weekend, lots of volatility is coming after the 28th, so prepare for huge moves both ways
As well as ABC move up with perfect 100% extension hit on the SPX close.
Jumping over the 110MA and test from the above will be a good sign of continuation of this move.
There is also a possible fakeout to watch.
A perfect place for a pause of this move up and some retracement.
An ABC move up to 4017SPX or so is what Im looking for with A being done and we get to test 3730-40 zone before the continuation higher.
Ideally we see the whole move going into the 4th of July weekend!
Im slightly short as of close, kinda risky trade as this can just continue extending to 1.618
Will send a separate email with more charts to those who are on the email list.
Enjoy your weekend, lots of volatility is coming after the 28th, so prepare for huge moves both ways
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