menelick

Indices Break down ... Where are we going next?

Long
menelick Updated   
CME_MINI:ESM2023   E-mini S&P 500 Futures (Jun 2023)
Hello Traders, here is my analysis on ESM as we are moving forward into the week.

We had some consolidation and a downward trending market since Monday. But I think there is some strength in Bulls as we traded into 4132.75 level.

My optimal outcome here is a reach above 4200.00

Comment:
E-mini S&P is trending in the direction outlined.

We had lot of Volatility due to News but the rest of the turned out as expected :)
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