Sell in May and go away? Only a few days left to participate in that. Price in "value" of the 2018 range thus far. Impossible to know which extreme end we head to. Swing low possibly made overnight, next 12 hours will confirm. Today's cash open might be one to take a pass on from trading.
Happy Humpday. FOMC Minutes today. Sometimes a market mover, sometimes a dud. Holding Zone will dictate today's action. 2724 will be the Bull's target for today. Bears looking at 2694. Late comers always feel some pain so make sure to show up to the party early, but not too early.
Make ES boring again. Uneventful trading of late. 40 point range over the last 6+ trading days. 2750 is very attainable for the Bulls. They've been eyeing it for awhile now. Potential swing high there if things match up. Area also corresponds to a stop zone area so something to keep an eye on.
TGIM. Most boring overnight session of all time. You'd think it was a holiday...but it's not so look for some fireworks today (hopefully). Overnight gap sparked a short swing entry but the clock is ticking on that as there's been no momentum lower. Cash open should solve this sideways garbage.