Patience paid off for buyers. Friday morning, longs were triggered off 6120 support in ES, forming a solid flag from 6120 to 6147. The breakout target at 6154 was hit around 2am unfortunately, so now it’s time to protect gains and let the runners ride if you have them. No new entries unless we get some dips first.
As of now: • Next targets are 6168 and 6185-88 • 6138 is holding as support • If the price dips back to 6120, prepare to sell below that level
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.