cerealpatterns

we are right at that same level in spx futes

Short
CME_MINI:ES1!   Futures E-mini S&P 500
4037 is former r1 swing in wave, and bulls are in full control of that momentum with the breakout. there are two paths we could take. if bulls maintain that control of the 4037 level we will reac r1 soon, but back to swing p sooner if we lose it. scenario a coincides with extension, and scenario b is a continuation of b wave. im favoring the downside, but im not dedicated to that idea. specifically if we take out the highs of this futures session im adding, and if we resist from 4037 im continuing to sell. tsla, aapl and the like are great both ways.

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