Hi Traders,we are moving to the
double top of 2000 & 2008. Is why on this post, I will use S&P 500 Index, to show you what's going on and talk about Market Movement. -----------------------------------------------------------------------------------
First Part: Will be about Market Movement with S&P500 Second Part: Is about Targets on ES 1440 charts for next week. --------------------------------------------------------------------------------------
First Part Day Trading Monthly Movement of Market
[caption id="attachment_5777" align="alignleft" width="150"]
Day trading Monthly Chart[/caption]
Dark Green Trends Lines: This is to show you how confident Buyers was few month ago.
Lime Green Trends Lines : As you can see...after 1300 points, Sellers and Buyers are more careful. and we have more consolidation zone, and almost every time, we have important unsupported price.
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