The rally continues. The 5 day cycle projection on the ES, S&P futures now looks 4600-4610, about the same as where it was pointing at the close yesterday, plus a little leeway for a bit more upside.
As I pointed out yesterday, clearing 4550 or so put the ES into thin air, but now it is hitting resistance again. If it clears 4610, oops, there it is, then the next targets would be 4620, 4625, and 4640.
Piece of cake.
And now, the rest of the story.
- Fragile and Dangerous Semi Blind Spot March 28, 2022
- Screens Be Nimble, Screens Be Quick – They Were! March 27, 2022
- Here’s Why This Will Be “The Rally that Fools the Majority” March 26, 2022
- Seven and a Half Weeks of Bullish Liquidity Ahead March 19, 2022
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