ES Weekly Analysis 8.14.22

14 thg 8, 2022

After such a bullish week, I do not expect much different for the first half of the week. We have Core and Retail sales plus FOMC meeting minutes Wednesday. Should see some volatility heading into Wednesday and Thursday. No news Friday this week. Looking forward the following week, we have tons of economic data and Jackson Hole plus OPEX. I can see price squeezing a bit more to the upside before seeing a chance of a pull back Wednesday of this week. Targets I see for the week are 4308, 4345, 4378, stretch target 4400. If we decide to pull back this week, 4200, 4170