Friday, June 8, 2018

Gently Put the Pole into the Water

The action in the /ES is looking good for the bulls.
Of course, it is Friday and summer; so the market could be pushed around on light volume.  What I see suggests to me that energy is being spent to create a base at the /ESM6 2740-2770 area in order to work higher in the coming weeks.  The truth is, mine is just an opinion and the market could spend all day going lower or all summer.  You don't know for sure either.  I am not day trading today.  I am going to analyze some stocks and then go out into the sun!  Happy Summer!

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