Time to Ring the Register on the ES Swing Trade
With the E-mini SP's sitting at 923, looks like today is the day to close out the ES Long swing trade from 810
You can follow the trade from the commentary and charts below.
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As we continue to monitor the ES Medium Term Swing Trade we can see how the 871 level has offered some mild resistance.
As we can also see from the chart below, the indicators have now moved to a more definitive long stance.
For those who are watching this trade for the 1st time, read below for a recap. Our original signal was a hold of the 810.25 gap, for a reaction Long to 926.
For those who have following this medium term swing trade, as of Friday we are comfortably 60 +/- points ahead, on our way to 926
From April 12th
We are now sitting comfortably 40 +/- points above the 810 test area and we continue to project nicely to 926 as the chart shows below.
From April 5th
"Although we are clearly in a consolidation period coming off of that V bottom, if the market can hold the 810.25 gap we project nicely to 926 above."
Is this market poised for a 100 Point rally?
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