Short term analysis for ES or MESCME_MINI:ES1! Broke out a 1 month flag on May 6th (in white). This pushed us to all time highs and now the spot buyers want to get over for next week is the 3 month megaphone resistance at 5349 area (in green). Get above there and buyers can push for 5374. If sellers want to dip us this upcoming week, it can start on the fail of 5302. which will target 5274 area.
now realize, it has been one hell of a run, coming off 10 straight greed days. Consolidation between 5302-5349 is ideal for Monday in my opinion. Only time will tell!
