Big Picture View #ES_F: Since early May ES has formed a massive bull flag. Inside this flag, since June 15th ES has formed a smaller bull flag with 7369 support, 7472 resistance.
Plan Next Week: Fill it out to 7472, then break to 7530, dip, 7590. If 7369 fails, ES sells to 7235
Big Picture View: All month, #ES_F built a huge bull flag. June 10th, we held support. Monday, we hit resistance. 7590-7244=the flag. We could build for weeks
Plan Next Week: 7535/20, 7472 (watch traps)=supports. Fill out flag to 7590, dip, then breakout sees 7635, 7674, 7713+
Big Picture View: June 5th, #ES_F broke down a shelf at 7525 & sold into this Wednesday. The dip was bought. Now, bulls must backtest 7525 minimum
Plan Next Week: 7575-7220=A possible early big bull flag. As long as 7377 holds, run to 7525, dip, 7575. If 7355 fails, sell again
@AnotherX2802 Someone predicted the headline in advance because as I've commented all day last night was a major institutional accumulation event. https://t.co/kWm0oUrojL
Big Picture View: This week #ES_F - 1st time since March - broke down a range with 7527 support & sold. Its yet to backtest
Plan Next Week: 7326=support. Must hold. 7410 recovery triggers up to 7458, 7508, 7527. Dip 1st there. Must recover to bottom
7326 fails, sell 7300, 7187
Closing update #ES_F: Coming into 7377 now in ES. Today was the first day in many weeks we got an actual sell trigger/Bear case trigger on the failure of the 7527, given in last nights newsletter. Recovery of 7410 starts us higher on Monday. Newsletter out soon with next entries