CME_MINI:ESZ2019   E-mini S&P 500 Futures (Dec 2019)
ES definitely on track to retest all time highs. will earnings season be enough to break thru into new price discovery or will bears step in near previous resistance around 3025-3030?
Comment:
First major resistance at the 3025 zone hit
Comment:
all time high broken. price discovery still in process as early shorts are getting squeezed and the feds are still set on holding up the market.
Trade closed: target reached:
ES hit 3097 today. 3 points shy of the 3100 mental target. going long at this point the risk would outweight the reward. lock in gains if your long and prepare for a pullback
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