HK_L61

ES - 15Min Extensions

CME_MINI:ES1!   Hadapan S&P 500 E-mini
I would Draw each extension from High to High
on Micro Timeframes, but did not on this Chart.

The reason - attempting to find how the ST ALGO
is setting up between the 3 AMEST - EU Session Open
to the HIghs.

We see 8 Days completed with Globex in tow for
good measure. Sundays Opens are included and
indicated.

Tha Larger Draw on the far left is Low to High -
it is drawn in Trend, opposing the Countertrend
for an important reason.

This Draw has the 4556 Price Objective which fell
short, just barely.

So it failed to Dip-In, which indicated an ST SELL.

IF we are going to move higher in Price over the
next few weeks, It will need to Over-Throw prior
to a reversal OR the continuation of the Micro Trend.

9/9 completes OR it extends to 13/13.

Simple, Direct, to the point.

______________________________________________

The week ahead is FANG EPS.

This impacts the NQ directly, the ES would follow. The
YM ditto, the RTY 2335 or 2310, trade the break as the
Parking Lot remains cluttered.

*** Please refer to the 1Hr ES Chart previously posted
for the SMAs, they clutter the 15Min on a 9 Day Draw.
Penafian

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