Futures E-mini S&P 500Aggiornato SPX - a bit more to go
Presented is my reasoning why 4200+ is likely this week coming or next. Having said that any push up to 4200+ will be a wonderful short opportunity. I compare where the market is now to where IWM was in it's 2020 consolidation and why RSI is important to look at for "breakouts". I hope it's helpful
Good luck!
Good luck!
Nota
overnight there's been a breakout of the downward channel, I expect a retest and then higher for the day. Nota
test of channel. We could be in a larger ABC, if so - this may be happening. Nota
so far looks good for a C up, then we may have a bigger sell off after before the final run up. SO more time wasting..... Nota
good morning, chopfest continues. B wave has been extended. It's still pretty low on the houlry rsi, so I expect a move up today for a C wave. Nota
some economy numbers at 10am today us.econoday.com/byweek.aspNota
closer view Nota
channel test at open, should be support, we'll see.......Nota
we're still holding here, 1hr rsi on the floor in futures...Nota
lower trendline reached rsi is very low on mid time frames...Nota
Nota
ES has reached the daily BB, usually a support area. Nota
2 hr rsi divergece should get us a rally today for a B wave, then C down..... 
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