ES 1/16

ES hit its weekly price story .50 level and rejected as well as the monthly .618/Monthly BF. We triggered the 2up on the week, so I am expecting if retrace holds for price to expand through the .618 monthly as well as the price story level.

With expansion our conservative upside price target is $4075.75 and we break that yearly BF(yellow line) then HELLO bulls because we will squeeze. This will be our 3rd time at that level and you guys know my conspiracy on 3rds times the charm lol.

• Price retrace and test $3984.25 and hold, price will hit $4052.00 $4075.75
• See video on how to play ES this week

As expected last week we hit the .50 of the weekly price story box, I am expected price to push through and eventually hit the top of the price story box. However this is a short week, so we will take it level by level.

What to expect?

• As of now we are at the .50 price story/monthly .618/6m .618, so this is a crucial level to break through, I am not just expecting price to just go through.
• Price could pull back to $3984.25 and ultimately $3958.00 that would be the long load area if held.
• Looking at price on the 4h timeframe price pushed through and rejected, we may just dance around this area.
• Lets dive in via video