ES Broke 4500 DECISIVELY.
Instead of basing, it has shot straight up to 4550 and beyond.
I fully expect to hit 4570 --> 4590/4600 and from there , that's the real test for whether or not the market will continue back onto ATH.
This 4600 mark was the one that broke to the downside, was retested, and shot back down devastatingly to the earlier marks of < 4300 last week.
We need to explode higher and stay higher.
Otherwise, we might revisit the lows.
Instead of basing, it has shot straight up to 4550 and beyond.
I fully expect to hit 4570 --> 4590/4600 and from there , that's the real test for whether or not the market will continue back onto ATH.
This 4600 mark was the one that broke to the downside, was retested, and shot back down devastatingly to the earlier marks of < 4300 last week.
We need to explode higher and stay higher.
Otherwise, we might revisit the lows.