ince Oct price has been moving up on low volume High volume spikes on down months Last 3 months have been bullish price exploring new ATHs. Price Volume Traded showing divergence on monthly/weekly/ TF On daily price is moving up On 240 price is moving up up approaching divergence level - so expect a pullback if not reversal I will need to see large short orders around 3156.75 if not above Check orderbook to see where large orders are sitting
ES
FRIDAY- ES closed net long - a lot of buyers in market Expecting these buyers to start selling to late comers to the party Need to keep an eye on price action this coming week -HEADWINDS-