the_sunship

Channeling until it doesn't - ES mini

the_sunship Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
getting close to an important pitchfork fib here, we may get a pullback and more. If we pullback we should find support around 3830 area and then go higher into next week. In case we break down below the channel (under 3780), the channel will act as resistance and we'll start making our way lower. Both options are listed just in case the unlikely (red path) plays out.
Comment:
daily BB at 3918, we're close to it
Comment:
weekly 18ma reached as well as Daily upper BB - strong resistance point. should be a pullback from here next week.

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