2:36 PM: Here is a look at ES with an extended fifth.
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ES |
EOD Update: As I
posted yesterday, if the bears failed to break 1968, I wouldn't be surprised if the market continues to track up the channel, which it is now doing. I am also looking at additional extension potentials, the new green alternate and a new potential triangle.
The market may not give those waiting to buy the right shoulder a chance either. It has pushed thru all the near term pivot points and may just challenge 2010-2020 before a larger pullback so we'll have to see.
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5 Min |
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60 Min |