Monday Rally - ES mini

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I think we rally today even if there's a pullback first in the morning. The larger structure has held overnight and the doom and gloom rumors of the weekend will probably shake off quickly. 3770 should be a good target - high enough to convince bears to cover shorts and high enough to give bulls some confidence to go long. After that I'm not sure, so I have two paths I'm watching. If they can break 3800, a test of 4k is possible (green path) If not, a lower low again at the structural trendline is possible (yellow path). Good luck!
Uwaga
if a pullback 3600ish should be support snapshot
Uwaga
support area reached, let's see if it's a bear trap this time. snapshot
Uwaga
So far support has held snapshot
Uwaga
Downtrend broken on futures, would like to see that hold as well now. snapshot
Uwaga
snapshot SPY is stretched and showing 3 waves only. If we stall at 370 we may have one more low coming this week. The slow move up is concerning to me FWIW. I took some profits in case.
Chart PatternsS&P 500 E-Mini Futureses_fTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wave Analysis

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