?ES key resistance is at 4258 we hit that yesterday and made good reversal, this is the level that 2x top should happen if it will. for me it's Friday. tomorrow is another day. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Exhaustion bar (3 bars ago) so maybe finally a meaningful pullback here first which likely would be bought later.
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Consolidation instead of a pullback so breakout on the upside is more likely.
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Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
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.
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One more view showing potential turning points at inward parallels from price vectors.
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson