The last 5 day cycle projection I posted yesterday for the ES S&P 500 fugutures was 4690. Updating that this morning, it’s back to 4685, which is being tagged as we speak here at 5:30 AM in New York.
Are they done here?
I doubt it. The market has clear sailing to 4715 this morning on the hourly chart. It would need to break trend sport at 4670 to have even a minor reversal shot.
Frankly my dear, I think we’re going to 5000.
But probably not today.
For more:
Why Jerome Powell Had a Frog In His Throat
Gold Is in Perfect Equilibrium AND Maximum Uncertainty
Swing Trade Screens Yield More Sells than Buys Again
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