Hadapan S&P 500 E-mini
Panjang

Morning Ideas May 17, 2022

55
Good morning Traders,

Market came to one of my over/under lines, around 4080 overnight. We have quite a bit of strength in the overnight session, and I think that will ultimately take us higher off the open.

I do expect to see a bit of a fight from the sellers, but I think we go higher today as we try to push back towards 4300.

I do not think we are out of the woods here, by any means. In fact, I think on a longer term horizon, the direction is down.

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