I anticipate more upside to trade above the Historic high. The price action after that can make fast more to the upside to raid the buy side even more. I would like to see at least substantial correction to the downside with start around 9.30am.
The volatility after crossing 5028.25 can surprise, so it is better to see initial reaction after price will take out that level.
The volatility after crossing 5028.25 can surprise, so it is better to see initial reaction after price will take out that level.
Note
Es is getting closer to 5028.25. The price action is choppy HRLR. It will be interesting to see the reaction to break above 5028.25. As of now it looks like there will be a spike to the upside and fast reversal. Note
Possible spike through HH is being created. Note
One more leg to the upside is anticipatedNote
Early signs of the leg up, but lack of the speed is not good for more upside
Disclaimer
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.
Disclaimer
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.