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As expected we found heavy resistance today. Let´s see if ES market can absorb all that offer to move upwards one more time.

In this chart look at that triple top that looks like a ceiling, well, that is where ES is trying to go. If that ceiling is broken and price manage to stay above it, then 2947 price level is the top of the sky. We will see.

Next weeks are going to be very interesting. Believe it or not, If ES manage to break upward the next resistance levels with enough big directional money, especially the 2824 barrier, then ES price action will surge upside with enough power to give hope of puncturing 2497 (September 2018 high)...

ES is heading up toward resistance one more time, will it break it ? What do you think ?

Yesterday ES made a pullback, could not go any higher, then price bounced off support at 2762 trying to come back up. Will it break resistance at 2798 ? We will try to find out today. Note: There was a nice chance for a long opportunity in this pullback.

Now for this resistance area at 2788 level what I see is price trying to push slowly upward. If this keeps going on it will break through it soon.

ES price hit support and continue upwards as expected. Now, there is a HUGE RESISTANCE WALL at 2824.25, that is the next target and it looks very solid, ES will need full power to break through it. Only time will tell. For everyone following this trade there were many long trade opportunities...

ES is heading for support area. Be ready.

Looks like ES is in a distribution area. We need more time for those looking for a new entry.

This has been a fantastic call for this long trade. Congratulations to anyone who followed it. Great trade !. Now let´s see what happen next week.

There is strong resistance at 2762 price level. It looks like a huge wall. Let´s see what happens during the next trading hours....

ES is trying to pullback, but it looks like someone is buying here. This could resume to the upside. Note that there is strong resistance at the 2762 price level, if broken and price keeps closing above it, then ES could surge strong. Pay close attention during the next days.

ES could be heading to 2812 price level.

The ES keeps going up, this was a great long trade opportunity.

ES moving up as expected. Plenty of long opportunities were available.

ES going up, now let´s see if it can break above 2721 and keep closing over it. If so next target could be around 2812.

Do not believe me but I think price action is indicating consolidation to resume the move upwards. Let´s wait for more price action on Sunday evening. If I am not mistaken this could be a great opportunity to enter a long trade. Uptrend is still in place in the day chart.

Still waiting for more price action, during after hours trading price was slowly coming down to support level.

Day Chart. Up trend in place.

Big drop today but the trend is still up. Let´s wait for more price action to see if trend continues up or there is a signal for a trend reversal.