ES Set Up For a Very Interesting and Telling Closing Hour After Climbing to Near Term Measured Target

ES-- with about 90 Minutes remaining in today's session, ES has pressed into the area of the prior significant pullback low at 2696.25, which needs to contain the weakness to avert triggering nearest term signals that the thrust out of the Triangle from 2655 to 2716 has ended, and that a larger correction is in progress... that projects to 2685 initially, and then to 2678... Last is 2700

2 01 ES 230 GIF
2 01 ES 230 GIF

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!