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travis18haney

ES/MES Friday 15th Buy Pullback in Up Channel

Long
Micro E-mini S&P 500 Index Futures (CME_MINI:MES1!)  
travis18haney Updated   
CME_MINI:MES1!   Micro E-mini S&P 500 Index Futures
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
Even though I am still not convinced that this rally is real, I will still participate in it on the next pullback for the next leg up for about 150 points. The all time high is just a skip away. After the last two weeks of sideways consolidation, and the Friday NFP gap up, I believe it will go sideways between 4625-4680 until the end of the week for the next impulse move higher.

The 200sma on the hourly is rising = Bullish position
The 21ema on the hourly is also rising = Bullish Position

I took a loss on my last trade trying to short even though there were no sell signals yet. Currently there are no sell signals as well and only strong buy signals.
Comment:
Three levels of confluence and support suggests another move higher

snapshot
Comment:
Projected price action for the upcoming week. I expect a sideways movement and the falling wedge on Thursday for the gap up Friday for the next leg higher.

snapshot
Comment:
This uptrend on the daily is ultimately, a bear flag on the monthly. I will continue to ride the uptrend until the bearish trend takes back over.

snapshot
Comment:
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