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Geez, Make Up Your Mind Already! 8/12/20

ES Futures Hourly Chart

Back to resistance this morning.

That was posted earlier this morning. Now it should say “back through resistance.”

But the ES still faces a trend resistance convergence at 3362. If that’s cleared, it should be up, up, and away, to new highs, no doubt.

ES Futures Hourly Chart

Want a longer term perspective? With trade ideas.

Signs Point Higher Until September 8

The path of least resistance is still up. Cycle projections say the S&P will make new highs, and not just by a little.

Technical Trader subscribers, click here to download the report.

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