ES gapped above the resistance from February and June which was at 3181 last Friday. After 3200, the next historical resistance is that second red line at about 3252 now.
That second red line stopped the ES back in June at 3225ish. It was support back in 2017. Let's see if it can stop it again.
Liquidity is increasing within the market's internals. So, bears may not get that big downfall that they were salivating for.
My strategy is simple. Long at major supports. Wait for the price come to me. If there is a big pullback, scalp the pullback with shorts. Swing trading shorts is a dangerous game at this point.
That second red line stopped the ES back in June at 3225ish. It was support back in 2017. Let's see if it can stop it again.
Liquidity is increasing within the market's internals. So, bears may not get that big downfall that they were salivating for.
My strategy is simple. Long at major supports. Wait for the price come to me. If there is a big pullback, scalp the pullback with shorts. Swing trading shorts is a dangerous game at this point.