Back on April 28th, we talked about the ES potentially pushing higher — and guess what? It did exactly that! 🎯
Now we find ourselves at a key crossroads.
A new month is here, and with the previous monthly candle officially closed, there’s a strong case to be made for even higher prices — possibly up to the 5776 level. 📈 That said, I’ll be diving into the analysis today where I’ll also touch on some reasons why short-term selling could still show up.
To be fair, the price action from April (1st–30th) hasn’t given us a lot of evidence for a major reversal, but as always, it’s our job as analysts to stay sharp and open to all possibilities — especially in today’s climate.
Right now, I’m still on board the bullish train 🚂 and the charts continue to suggest upward momentum. But I’ll be watching closely for any shifts that might hint at a change.
What about you? What’s your take on the current setup? Let’s get the conversation going — I’d love to hear your thoughts!
Let's Keep Studying - One Candlestick At A Time!
Now we find ourselves at a key crossroads.
A new month is here, and with the previous monthly candle officially closed, there’s a strong case to be made for even higher prices — possibly up to the 5776 level. 📈 That said, I’ll be diving into the analysis today where I’ll also touch on some reasons why short-term selling could still show up.
To be fair, the price action from April (1st–30th) hasn’t given us a lot of evidence for a major reversal, but as always, it’s our job as analysts to stay sharp and open to all possibilities — especially in today’s climate.
Right now, I’m still on board the bullish train 🚂 and the charts continue to suggest upward momentum. But I’ll be watching closely for any shifts that might hint at a change.
What about you? What’s your take on the current setup? Let’s get the conversation going — I’d love to hear your thoughts!
Let's Keep Studying - One Candlestick At A Time!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.