Pivot High

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 hit our resistance area from the daily chart at 1940.50.  If we continue to go up today, this will be day 5 and you must be thinking "Sell"...

 

ES 02182016 AM