Monday, December 23, 2024

ES Morning Update August 20th 2024

The market continued higher again yesterday so I have to think the odds of any decent pullback are getting slimmer by the day and the odds of a choppy sideways move into the expected high between August 30th and September 4th have greatly increased. I don't really have much more to add as everything points to a double top or slightly higher high in the next 2 weeks, but what happens between now and then isn't going to be easy to figure out. I still think we'll get some kind of pullback, but it might be a one day event, hard too say for sure. It's a waiting game for the coming high now and I'm not too worried about the in-between.

Have a blessed day.

Red
Author: Red

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