Consolidation Day At Resistance: Decision Tomorrow. Dec 29/30 Chart & Plan
After the strongest start to Santa rally week in 21 years (preceded by the best 3 day run of the year) ES finally put in a reddish day today which is not overly surprising. Price is respecting the levels - 4785 was main target #1 and ES tried to pop above it (main yellow channel resistance on the chart) but just didn’t have the energy. Now, its been consolidating for hours above 4775 support. Should get a move out of this. Chart and Plan Below