themoneyman80

themoneyman80

The indicators are hot, and the retrace is incoming. We are looking at a possible correction to the low 70s, which may run into the 60s, but continuation could continue unless there is a new formation. A perfect reversal and setup.

themoneyman80

The downward movement started but stopped in the last session; based on the sentiment of the individual ticker, movement can be seen to the upside, but not in the short term. I believe a mid to high 800 test is a solid retracement and a substantial area to buy.

themoneyman80

The 100 and 200 are very close, with buying indicators evident, not convinced about reversal, but they are coming close for the short term, observing the gap as close as it is.

themoneyman80

With a short week in session and a solid candle from the close of the bell, this is positioned to move up to 650 and beyond as long as momentum continues, substantial volume for the last session, and buy signals on a majority of indicators.

themoneyman80

Indicators, oscillators, TA wise, this thing is ready to turn around very likely with stochastic at the buy level. Also, MACD is curling up nicely. Confirmation on the 100 EMA and 9 and 21, respectively, should see 150 or close to it.

themoneyman80

Confident as I am, it is coming to a time when things start to reset. It still has buying pressure moving it higher, and I would anticipate a more significant move based on a few key indicators.

themoneyman80

With indicators submerging into a bearish dance, you can see a few points drop but not a significant retrace before it convenes to the bullish side.

themoneyman80

The momentum is certainly there; it could go up a few more points, waiting to see where it settles before it starts distribution.

themoneyman80

This is an area that has swung sideways a few times before the initial breakout and then a retrace and continuation for the short-term bearish.

themoneyman80

This area is key because it needs to be filled around the mark where I drew the box for obvious reasons. Still, you can also see that stochastic, as well as others, are very much oversold, which is also a clue of forward-moving bullish behavior.

themoneyman80

The stochastics are at a low, and then you got MACD still forcing its way down some more; it should restore bullish with a reversal pattern, but do not see this at this level until it drops a few points; we can see there is a sentiment of a reversal, but we are waiting until we see an indicator, or some change in moving progress.

themoneyman80

As many indicators have this coming down, it doesn't seem like there is much room left for it to go before we see a reversal. Looking at 20 or lower on the stochastic and a few more points on the trend before I look for a reversal.

themoneyman80

As we approach the end of the year, and this continues to go lower, the stochastic is reasonably placed, but otherwise, it looks to continue its bearish direction, especially with the majority of indicators informing us of this.

themoneyman80

The flow of sideway in a channel movement has been the bull trend analysis; in a nutshell, this has happened in the past few months, and it is looking to do it again with everything curling up and looking to race toward the top again after a brief breather. It could see a 10% or more move, especially if it passes the 350 area.

themoneyman80

The oscillators are gearing up to bulls, and indicators are doing the same. The only thing that could change that course in direction is a few uncertainties in MACD, stochastic, and the bottom of the Bollinger and Keltner being around the low 130-135 area could test new highs for the longer term.

themoneyman80

From indicators to oscillators, this will move bullish to the 712-plus level. This is sanely the most sought-after ES; there is belief, bouncing off averages.

themoneyman80

The chart pattern shows the stock's upward movement is likely, with levels stretching out and allowing it to run after a slight pause. What was a parabolic move has now turned into a consistent run and is closing in on 300s and the previous highs set a few years ago. Target 300

themoneyman80

A few things to note include the indicators from Bollinger to stochastic still an entry before a retrace, could run up to 450 on several different indicators, and with the sideway upward moving channel could also give it room to form a new trend, one to the upside. Target 450