very close to it but not quite there. Yes, I would expect resistance. This is the area I have been talking about. Reminder though---Trendlines can be broken. It may not be easy however and we need to be mindful of reversal.---Izzy.
I'm certainly concerned that we are once again too far ahead of ourselves here and we'll need some back and fill for an hour.---Doesn't have to happen of course.
ES 2014-2018: # Days = 1247 % + Gaps = 55 % % - Gaps = 45 % Sum + Gaps = 5006,25 Sum - Gaps = -4356,25 Difference = 650 points. It seems like a fairly mixed picture to me with an expected bias to the upside which is true for the stock market.