ES - Opinion on Near Term Direction
Here is my current expectation on direction for the S&P.
The short term path will involve more deceptive corrective moves.
The take away idea I intend to convey is that I'm expecting the down sloping trendline to be taken out leading to a sustained move up.
This will provide a good opportunity on the long side. Be prepared to get long for a few months.
The short term path will involve more deceptive corrective moves.
The take away idea I intend to convey is that I'm expecting the down sloping trendline to be taken out leading to a sustained move up.
This will provide a good opportunity on the long side. Be prepared to get long for a few months.
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Could be a rocky road ahead....
