For some time now, the ES has practically done nothing but go up. The last time that I remember anything actually significant happening in terms of volatility in this market was election night, which was a minor hiccup & was followed by a full recovery the next morning. There isn't much to be said here, aside from the fact that the ES is at all time highs, while...
Short term buying support has been steady at the $16000.00 mark since the 11th of December. The near-term trend support level has just crossed above out STBS level at 16k. I view this similarly to a simple bullish moving average cross. Look for opportunities to buy around, or just above the STBS line, with a sell stop around the Long Term Support level (currently...
