ES Weekend update 5-27-23

Ok, so heres next weeks call: With such a huge green bar Friday, accompanied by range expansion and large volume , it is very bullish. It would be normal to get another price high maybe on Holiday trading or Mon night but fhe huge volume spike and cycles and holiday seasonals and regular seasonals indicate a short term top here. So the forecast is for down Tues with a low being made Tues or early Wed, then up Thursday-Friday. Remember seasonals are tendencies, not absolutes! The aggregate model shows pre election tendency to make a low late the first week or early the second week and another late in the month.

Lately ive been studying volumne analysis (Wycoff etc) . Facinating stuff. Heres an example from Paintrader. Enjoy

Lately ive been studying volumne analysis (Wycoff etc) . Facinating stuff. Heres an example from Paintrader. Enjoy

Lately ive been studying volumne analysis (Wycoff etc) . Facinating stuff. Heres an example from Paintrader. Enjoy

I first mentioned the 4244 target maybe 2 months ago and we finally made it.. Next is 4326 but we need a good decline first which appears to have started.

This is the current volumne analysis