- A leg higher from the Monday Futures gap lower
- And then a higher high overnight / early Tuesday AM - maybe 3394-3402 ESH0
- But then the next leg lower will tell us if we formed a major top, that is what I am awaiting. Breaking 3348 confirms a significant top, although 3308 is better confirmation
Important resistance reached today.
If we can't surpass 9600 meaningfully (like 3 hourly bars close above it), then a rollover should start within 24 hours, and then watch out.
Everybody is BULL'ed up. Be careful.