The S&P Index (ES) is now at it's Daily Decision Point

Oct 27, 2021

Hi Everybody,

The S&P Index (ES) is now at it's Daily Decision Point (DP) level. So will a high unfold at this level, or will we just see a small stall before a continuation to new Highs ?

Either way, the ES is now at a possible junction when it is worth keeping a closer than normal eye on this market.

Thanks

Please note: this is not a trade recommendation, you should all perform your own Analysis. Losses can and will unfold when Trading, please always use Stops and keep your losses small.

Oct 27, 2021

Note

As a PS, it is really interesting because as I write, the NQ (Nasdaq) is strong and heading Up but the YM (Dow) is weak and heading Down. So really mixed messages on the US Stock Market at the moment....