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5150 Is More than 5050 4/24/24

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The 5 day cycle projection on the ES 24 hour S&P futures is now around 5150. It looks like a better than even bet. At 5083, it’s already more than 5050, right? Swing Low Sweet Chariot

The conventional measured move target of this rounded bottom base breakout is around 5200. I don’t think we’ll get there today, but I wouldn’t be surprised if we did. On the other hand, if they stall at 5093, there would be more work to be done, with uncertainty creeping in to the mix.


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