ES 2/6

This week should be fairly easy to play as price is sitting above the yearly BF. We either hold it or fail it!

The main focus this week is that $4109.25 monthly trigger, as you know we usually trigger and then test that trigger for confirmation.

• Price will test the monthly trigger at $4109.25 and can even wick below it and test that $4075.50
• Price fails that $4075.50 then back to $4052.00, $4014.00
• See video on how to play ES this week
• PRICE TARGETS
• $4109.25 Monthly Trigger Retest
• $4075.50 Yearly BF retest
• We hold this, then the upside targets are
• $4155.26, $4175.00, $4206.50

Price hit the top of the Price story box as well as a Quarterly BF, it is expected for a retest to happen. A solid retest and hold of the price story box would confirm our continuation up. The 2 times in the past we hit the top of the box, the very next day we fell and closed below the price story .50. This is the first solid close above the level, so a retest and bounce is expected in my opinion.

What to expect?

• As of now price closed below the yearly .50 so a retest of that monthly trigger is expected
• The focus area is that $4075.50 level to hold if trigger retest fails. A break below it then the price story is your back up level to hold.
• Lets dive into the price story via video