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Market showing some downward pressure, especially after 10AM EST news. Get ready for shorting opportunities.
ES/MES close to all time high, a double top pattern too, so be careful before taking any long position.
ES/MES same situation as before, double top is in making, depending volume. Be careful when taking a long position.
ES/MES sideways market, not sure it will drop from here or go further up, needs volume. So play safe.
Double top is in making so far, shorting is the way to go. Keep an eye on volume.
US Markets are close due to holiday in US.
Markets are at the edge of double top, could be a correction from here or all time high, all depends on volume on long or short side.
We are still wondering around at double top pattern, so its better to watch volume and solid direction before taking any position.
Seems like a positive day and better to be on long side but wait for the opportunity.
ES and MES are at the same position as last week, seems like there will be another higher high this week.