$ES_F - eMini SP500 - Daily and Weekly Review - June 23, 2017
WEEKLY - 20WkMA (2378.25) is the first big . This was also a NR7 Week (red bar) which in review has signaled potential shorterm tops are near. Still in a solid uptrend so without a weekly close below the 20wkMA we are still in the Buy the Dip game. As with everyone it does feel tired and vulnerable to a 5% healthy break, but at this stage we just need to keep following price action.