Where are we?
We are almost at that KEY resistance of 4600. Of course there are the levels beneath such as 4570 --> 4580 --> 4590, etc....
I don't care about those as much.
As I've posted previously with the charts, we are looking at the key 4600 range because this is where we unfortunately flipped short in January.
There was a retest of this level and then we dropped back down.
Now, bulls want to reclaim this level decisively.
We have CPI data coming in tomorrow, but even beyond that - OPEX week next week.
I am wary of longs until ES can reclaim 4600, maybe retest it up from the upside and then march back up to possible ATH's.
KEY MOVEMENTS AWAIT IN THE COMING DAYS to a week.
We are almost at that KEY resistance of 4600. Of course there are the levels beneath such as 4570 --> 4580 --> 4590, etc....
I don't care about those as much.
As I've posted previously with the charts, we are looking at the key 4600 range because this is where we unfortunately flipped short in January.
There was a retest of this level and then we dropped back down.
Now, bulls want to reclaim this level decisively.
We have CPI data coming in tomorrow, but even beyond that - OPEX week next week.
I am wary of longs until ES can reclaim 4600, maybe retest it up from the upside and then march back up to possible ATH's.
KEY MOVEMENTS AWAIT IN THE COMING DAYS to a week.