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Tag Archives: consolidation
A narrow range day
As expected the price action in the ES formed a narrow range green bar yesterday finding mS at 1966 after making a new high of 1984.50. Price has since ground higher late yesterday afternoon into this early morning topping … Continue reading
Consolidation and Breakout again…
Overnight the ES consolidated for 8 hours just above the 1948 level creating an area of MS then finally breaking out to the upside above yesterday’s prior high of 1949.75 to hit a T1 target of 1969 and pulling … Continue reading
Consolidation then higher?
It appears that price has found MR at the 1932 area so now we are ping pong between the 1932 and the 1916 areas. My guess is that price will finally move above the 1932 area and price will … Continue reading