On Friday, after breaking below 6104 support, ES delivered a rare trend day. This set up a rally to kick off the week, with a reclaim of 6042 acting as the long trigger around 6pm. The first target of 6068 was hit exactly.
As of now:
• Hold the long runner.
• As long as the market stays above 6042, 6068 again, then 6092 and 6104 next up, and the bullish move remains intact.
• If 6042 fails, expect a dip toward 6020.
As of now:
• Hold the long runner.
• As long as the market stays above 6042, 6068 again, then 6092 and 6104 next up, and the bullish move remains intact.
• If 6042 fails, expect a dip toward 6020.
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