ES- Bullish on all TFs, but a true gap to fill.
ES initial thoughts on PA and weekly profiles alone. Bulls maintained the previous excess high, and we spent most of the week building value in the prior weeks upper distribution.
There will have been a lot of stops above this excess high.
does it mean sell? not necessarily. we're building value at higher prices on a week by week basis
the market established value above the prior balance area----this is acceptance of the breakout.
There are confluence levels to watch. Watch DXY to see if we have a break up. I believe my DXY analysis is published.
There will have been a lot of stops above this excess high.
does it mean sell? not necessarily. we're building value at higher prices on a week by week basis
the market established value above the prior balance area----this is acceptance of the breakout.
There are confluence levels to watch. Watch DXY to see if we have a break up. I believe my DXY analysis is published.