CME_MINI:ES1!   S&P 500 E-MINI FUTURES
This mini is in need of a pullback but with every hint there's a rally. Friday produced and nice reversal candle on a Daily basis and we passed on the signal. When the algo buying starts you can get trapped quickly. Watch the price ladder...when pullbacks are shallow and aggressively bought be rest assured the algos are in charge. Either get on board with them or stand aside. We choose to stay on the side line until we see two sided trade. For now the ES is on the watch only list.
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