ES broke out of it’s 2-day balance and once again raised to a new ATH. The news headlines made it difficult to really catch the move, followed by a rather lackluster afternoon session. The pull back after the IB formed was really the only setup I had all day but got stopped out on more headlines, only to see it then go to all my targets.
Today is the final day of May, so will see if we continue marching into new ATH’s or get some profit taking.
Let’s take a look at what to watch out for today and today’s key levels.
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