Price has gapped up into the red zone that I identified last night on ES. Price is also at
the top of the triangle. It is rare to easily blow through this resistance, however, given the
unpredictable news events the technicals can be less effective, or over
shot by a wide margin. My bias at the open is for a pull back, but we will see.
Risks = Trump announcement + FOMC + election result changes.
the top of the triangle. It is rare to easily blow through this resistance, however, given the
unpredictable news events the technicals can be less effective, or over
shot by a wide margin. My bias at the open is for a pull back, but we will see.
Risks = Trump announcement + FOMC + election result changes.
