Look for ES to pullback into EOW

SP Futures appear to be rangebound for the better part of 2 days. This is to be expected following the impulse from 12/20. However, I am looking for a pullback after one more attempt into supply around 4995+.

Targets denoted. Primary 1.618 target lines up from a structural, volume profile, and trend line-break projection of 4700-4730.

Trade at your own risk.

Kommentera:

Edit: Supply around 4795