Bearstobulls.com

Does the S&P Want Higher Prices?

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
Hello everyone!

With the market making all time highs, I believe it's time to take a step back and view where the market may go. Right now, the S&P             E-mini futures are breaking the all time highs with greater volume from when they were set back in May of 2015. With that in mind, I believe that if the /ES can hold that as support, we're heading higher. If that doesn't happen, I think we'll continue trading in the range with the support being the blue shaded box area and the resistance area being the solid trend lines .

After this week and next, we'll have a clearer picture of where we're headed.

-Bearstobulls.com

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