$ESH2025 bullish running up into Friday, January 31, 2025All the usual disclaimers:
1. I am not registered with FINRA. I am not a financial advisor.
2. Prior performance is not a guarantee of future performance.
3.This post is not and is not intended as financial advice. Instead, this post shares speculation upon hypothetical possible future outcomes.
4. This post uses purely doodling and technical analysis. It is not based to any extent upon education from news sources, information releases from underlying firms, nor upon microeconomic nor macroeconomic principles.
A. The purple rectangle captures the recent downturn movement between December 5-January 14.
B. The green rectangle is a clone of that, based at the golden cross on January 14.
C. The orange rectangle is sized at 100 point range for 1 CME day, centered on last closing price.
D. The rectangle is sized at the 155 point range of December 18, 2024 for 1 CME day, centered on last closing price, starting from the opening bell.
E. Some downturn indicators arrowed to for discussion reference.
I added a collage of prior CME_MINI:ESH2025 declines since September 2024, each at 20% opacity, and appended those atop each other from the Friday, January 24, 2025 close.
We can account for market reactions to Deepseek R1 by compressing the action foreshadowed out to Feb 10 up to the end of trading for Monday, January 27. Going from there, Tuesday's action strongly resembles that foreshadowed Feb 11 rebound. The rest of the week running up to Friday, January 31 is foreshadowed to push bullishly towards 6170.