Chart on Emini S&P 500 - ES (60-Min)

ES continues to grind higher toward a test of the 11/15/22 recovery rally high at 4050.75, which if hurdled, will trigger projections to 4080-4100... Only a decline that breaks and sustains beneath 3994 will throw cold water on the current upmove, and will be a meaningful warning signal that the upmove from the 11/09 pre-CPI pullback low at 3750 is exhausted... last is 4032.00