Hello Traders,
Fridays action was back and forth but our Blue bars did a nice job of telling us we were at the High of the day and at the Low of the day with our Blue Bars.
With Thursdays sell off at the close we had a very nice sell signal on the 10 min and the 3 min then the market dove into the close with Blue bars Nailing the Low of the day on thursday as well.
If the ES stays above the 1075.00 level we have a good chance of breaking to new highs with our upper targets being 1126.00 then 1162 then the highest target being 1234!
We are getting a negative divergence at this high but going into next week we will be watching how Tuesdays market closes.
Happy Trading!
www.eMiniSchool.com
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