ESH range 4740-4850 before Jan 2024

Standard Disclaimers: I am not licensed through FINRA, SEC, nor any other authority. This observation and speculation may be completely erroneous. It is not intended as financial nor as trading advice.

ESH2024 1 hour timeframe looks 66% likely to trend into a golden cross today. If it continues supported by hopes of a smooth landing, it may rebound to 4850. However, I anticipate inflation to remain between 2.5%-5.5% throughout 2024 due to supply, shipping, and logistics challenges, and international trade laws, etc.
Breadth IndicatorsTrend Lines

Penafian