CME_MINI:ES1!   S&P 500 E-mini Futures
I knew on December 27th that we were gonna see a powerful rally, but I didn't think we'd be testing higher highs anytime soon. Here we are in mid Feb targeting 2820 or there-abouts. The momentum in price says we just HAVE to go there. If we make a higher high I see bulls testing ALL TIME HIGHS here shortly thereafter. Sellers completely exhausted themselves in December and along with the dovish pivot from the FED there is no telling just how high we can go. I'm back to buying dips until I see a proper reversal.

Buyers will push 2800 and if we make a higher high, the market will hit yet another ATH this year.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.