Overnight the market moved up and after the 8:30am number. From that high of 2139.5 the market did not go higher during market hours. Instead, it formed what might be an a-b-c flat. Support is at 2128 and 2126 ES.
Yesterday’s pattern was an A-B Mountain – with upside after the close. Did not expect it to rally all the way to 2139, but some upside was expected.
Sign up to become a member to access to premium videos and you get the insights you need to make more educated trade decisions. And yes, you’ll get join our Whatsapp mobile text alerts for weekly trade recommendations.
|Get Trade Alerts Now|