Well, yeah.
And here’s our usual look at the hourly 24 hour ES chart. So far, it seems to want to support the analysis I posted last night in Liquidity Trader. First it faces resistance this morning around 5550 nd 5560. I suspect that trading will be messy and skittish, but if those levels are cleared, we might be singing Up Up and Away.
For moron the markets, see:
- Politics and Markets Make Strange Bedfellows July 21, 2024
- The Sky’s the Limit July 18, 2024
- Gold Takes the High Road July 17, 2024
- Swing Trade Screen Picks – Holding the Averages Versus Picking Swing Trades July 14, 2024
- Higher for Longer July 14, 2024
- Picking Up Nickels in Front of a Steamroller July 9, 2024
- Gold Raises the Bar July 9, 2024
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