ES Potential 22 continuation or 22 reversal
ES hit its weekly price hit monthly .618 and retraced last week as expected, price did reclaim the monthly .50 on close. This week focus is expansion or a real trigger to the downside.
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.
Price prediction for this week
- Price holds $3958.50 price will hit $4030.50
- Price expands over $4030.50 then price targets are $4052.00 $4075.75
- See video on how to play ES this week
PRICE STORY
Price reclaimed the BF and monthly .50 however we want price to hold last week .50 for continuation up.
What to expect?
- As of now price reclaimed the monthly .50 and the weekly BF. However price will need to hold last weeks .50 at $3968.50
- The focus area is that $3968.50 level, above it we trigger up, below it we trigger down.
- Lets dive into the price story via video
