microtrends
Long

ES potential long heads up

FX:SPX500   S&P 500 index of US listed shares
95 0 1
ES potential long heads up
The system is currently neutral....
The last short is now in a neutral state as we are inside the range of the red and green horizontal.
This might be a non starter type of day so we might not see a 100% range perhaps only 25 to 50%
However the last 2 sessions on the range grid shows 2 gold             days in a row.

It would be fair to assume that a long here would be met with resistance around f23% and f50%
so some obvious scale out points there.
The system is not long until the green up triangle prints

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