agreed, we wouldn’t just blast above ATH with no speedbumps. And before going higher we need to at least build some semblance of a right shoulder on the daily (B1 mentioned an inverse h&s on the daily a few days ago). They ran it right back up near ATH with minimal stopping.
I see us heading back down to 5350-5400. And that may coincide with the Fed rate announcement.
Lock in 96 here. Offering 5612 to exit. Think this can juice as high as 20/25 if we keep moving, but I'm in drawdown, so just want to end the day green.
Fat-fingered a 5-lot entry on ES today which was supposed to be 5 MES, so took a big hit on the Open that I hadn't planned for...