One more day with consolidation at the top of an extended range. Friday was the first day to give me a tiny bit of signs that we may not go higher, but the next couple days action will be the biggest signal to that thought. Looks like a choppy Monday is in store but be ready for any impulsive move out of this range of 2961(ES) or 2959(SPX and 2951(ES) 2947(SPX) ( reduce ES # by about 4 to get SPXUSD .
A break above this are is 2970 and then a bunch of open air, I will look for upside targets if we break above and I see how the day looks. A break below could bring us to 2936 SPX and if we ever do get a strong down side move there are many gaps below to start looking for
A break above this are is 2970 and then a bunch of open air, I will look for upside targets if we break above and I see how the day looks. A break below could bring us to 2936 SPX and if we ever do get a strong down side move there are many gaps below to start looking for