Here is a five minute bar chart of today's e-mini trading and my estimate of tomorrow's range (blue rectangle). I think the low will be near 800 and the high near 830.The demand shock we saw this morning is telling us the short term trend is upward. My best guess is that the market will reach 875 during the next couple of weeks.
2 comments:
we haven't even reached your 840 target, but you're already calling for 875 .... aren't you expecting a little much?
We already hit 830 on 3/26. That's close enough to 840. Besides if we break 830, it is not going to just stop at 840.
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