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ES #F Break to the Upside
The Buying pressure and Positive Delta Volume and break of 2390.75 to the Upside warned about yesterday did pay off and the follow through to 2399.25 could have earned a long position 8.50 points or $425 per contract. 2390.75 was a safe entry, with all indicators firing to the Upside. Watch out for a pull back and selling pressure developing after the Smart money Up bar. Our initial first target is still at 2403 as stipulated in various previous analysis with our second target now set at 2413.
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