My Bias - Am I Bullish or Bearish on ES?🤔

Thoughts on /ES🤔

They continue to drag /ES up as it nears our 4627 target. I am not a fan of longing up here, as we will see a retracement soon. The risk to reward is not there IMO. Will be sidelining until I see a solid setup.

Upside:
Broke above 4600 aggressively. Looking for 4627 target to be reached. Over that, 4703 > 4718 follows.

Downside:
Below 4605 we will see 4592 and if that fails 4576.
Once we really start to sell off I am looking for 4560 as a target.

“Remember, the market transfers money from the impatient to the patient!”

Want To Learn Volume Profile?

Stocks We Will Be Reviewing

• FUTURES - /ES & /NQ
• STOCKS - SPY
• ETFs - QQQ (tech)
• VIX - Volatility Index

/ES

POC: 4588 / VH: 4593 / VL: 4581

/NQ

POC: 15625 / VH: 15645 / VL: 15559

SPY

POC: 454.66 / VH: 455.24 / VL: 454.03

QQQ

POC: 376.91 / VH: 377.90 / VL: 376.04

VIX

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