fehro wrote:RUT 9 points from ATH.. all other lag big time
looking rather bully, bears need miracle to get back in triangle and back below that 2660 level
expect a pullback from around this level, but not much , feels like we are amidst a chaser market...
fehro wrote:RUT 9 points from ATH.. all other lag big time
looking rather bully, bears need miracle to get back in triangle and back below that 2660 level
expect a pullback from around this level, but not much , feels like we are amidst a chaser market...
Bears hold it… 50w SMA… then may see something… but NDX Qs pushing into HUGE open gap here.. indexes trying hard
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
1der wrote:Bigger Picture - We have exceeded the April 18th high of 2718.50
2018-05-10 ES FIB.jpg
now the stops are blown out.. do we reverse?
Looking back to the 2720 to 2744 area from Mar 19 to 22, looks like ES could go to 2730 - 2733 in a flash.
15 min MACD is not showing any weakness... yet. Must be getting into overbought territory.