Levels I'm looking at on the ES1!
I hate to say it because I think that the economy is fundamentally strong, but my price action based trading would have us rejecting around 2960 and then moving down.
In terms of shorter term, I'm thinking we reject at 2960 and then test 2730-2750.
For a swing trade, I'm thinking we end up touching 2520.
THIS IDEA WILL BE INVALIDATED IF WE ARE ABLE TO CREST PREVIOUS HIGHS AND HOLD THOSE LEVELS.
In terms of shorter term, I'm thinking we reject at 2960 and then test 2730-2750.
For a swing trade, I'm thinking we end up touching 2520.
THIS IDEA WILL BE INVALIDATED IF WE ARE ABLE TO CREST PREVIOUS HIGHS AND HOLD THOSE LEVELS.