ES - Will S&P 500 Join Gold In The Bull Run?
There are a few hoops to climb through if i am to speculate all-time highs for next weeks trading although, not impossible.
What i am interested in is for ES to peak it's head above buyside @ $5,601, creating a blow-off top before selling off into this weeks price range.
$5,574.75 - $5,464.25 daily volume imbalance has sparked my interest as an area in price that smart money could sell their profitable short positions if this bearish bias, bullish narrative plays out.
What i am interested in is for ES to peak it's head above buyside @ $5,601, creating a blow-off top before selling off into this weeks price range.
$5,574.75 - $5,464.25 daily volume imbalance has sparked my interest as an area in price that smart money could sell their profitable short positions if this bearish bias, bullish narrative plays out.
Note
$5,601 macro buystops has been taken
Note
The continuation of this analysis will take place in my latest post.
The draw on buyside has been completed.
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