The S&P500 made new highs at 2876 ES with the Nasdaq finally catching up on Friday after sitting in the doldrums for much of the week and the prior week.
In the news, Michael Cohen linked Trump to some crime – bringing the market down overnight — right into that 2847-48 ES range we mentioned in our previous video as a potential support zone before retesting the new highs – which is exactly what happened in the markets.
Earlier we cited 2862 ES as potential resistance — though the market actually went towards 2872 ES before pulling back to the cited 2847-48 ES support regions. From there, we made it to 2876 ES where we are now. Here’s a recap of 2 profitable trades we made.