Assessments / Blog

ES #F New all-time high

Not much to say. As anticipated yesterday, when buying pressure developed we had a decent move up to a new all-time high at 2472. When the previous high was broken a safe long entry could have been taken with a 10 point up move or $500 per contract. Our next upward target remains at 2483. A sideways market with a pullback is possible so keep an eye on the Volume Simplified Oscillator for Selling pressure developing.


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