ES Bullish Breakout of Ascending Triangle Target 4575.00

After being in an ascending triangle on the daily chart since October, price was building up near 4200 for the break and close above 4200. We are now in 4225 level. Based on my range expansions of various pivots, It would seem 4550-4575 is the next objective. I would love to see a pullback to the rising 200sma for the continuation higher.

The question I ask myself everyday is "Where is the money"

The market will go to where there are profitable shorts at.

I have been wondering when that gap from August 19th would finally get filled

Yorum:

Today is day three Longs in the market