Assessments / Blog

#ES (#F) Still some weakness

Our first target as set on the 17th was reached on Friday at 2419.50. Our second target was set at 2406 and is within reach. It looks like our longer term target is around 2468 according to our proprietary reversal pattern. There is still some Selling pressure present, but aggressive buying (Positive Delta) has entered the market with a Doji Smart money down bar at the swing low and Weakness is cooling down. A pullback to the 2437.25 to 2445.50 area is possible.


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