ijboris
Long

SPY going towards 307 halfway thru next week?

CME_MINI:ES1!   S&P 500 E-mini Futures
Based on an AB CD trend and a possible price rejection at 302 means a slight downturn back to the old resistance of 297.5, which becomes a support and then a reversal climb towards the most recent swing high of 302 and then a bullish movement towards 307 after hitting 302.

Comments

Not totally sure that the slight downturn will even fully happen back to 297.5 so it may be towards 302 again by the end of this week
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