Bullish outlook on S&P 500, ESM2024, first intraday target 5375
We expect further bullish prices in the S&P 500, ESM 2024. After the FOMC Meeting Minutes, yesterday, the daily candle closed bearish, but above 5315, which indicates further bullish prices on the daily. We will be therefore looking for bullish tradesetups today and further until proven otherwise.
However, we will have to see if good setups form, since price gaped at todays opening and has already moved a lot overnight, before market opening at 9:30 new york time.
We will therfore see if we get some discount to enter first. We are not trying to chase price intraday, entering in a premium.
For a first intraday target we are looking for 5375 and potentially higher.
This is no financial advice, do not risk real money on the analysis shared by us!
However, we will have to see if good setups form, since price gaped at todays opening and has already moved a lot overnight, before market opening at 9:30 new york time.
We will therfore see if we get some discount to enter first. We are not trying to chase price intraday, entering in a premium.
For a first intraday target we are looking for 5375 and potentially higher.
This is no financial advice, do not risk real money on the analysis shared by us!