The rally continues: We are now at the point where in *9* of the last 11 trading days ES closed near the highs. Nearly every one of these days came with a plethora of top calls online, and everyday ES comes back and sets another. My strategy has been simple: Ride it until a support breaks, and its been lucrative for the past 2 weeks
Yesterday, as I wrote here, I got long at 4570 with targets of 4595, 4620, 4645. I have scaled out at each and now have a very tiny, risk-free long position remaining. There’s some good news for bears though in that there are some serious resistance levels overhead, and the RSI is now in the stratosphere as we enter in this resistance cluster which gives price very limited energy to clear it. Today, I am going to explain why its important ES reacts at these levels in the coming days, what a pullback could look like, and I will delve more into the weekly chart pattern I think will drive ES into summertime