Tuesday, April 29, 2025

ES Morning Update April 29th 2025

Tic Toc, Tic Toc... the calm before the storm was yesterday. It was like going up a roller coaster slowly the last few weeks and we've finally reached the top. I don't see much more time left before we rollover to start the next leg down. Nothing has changed since last week. I'm still looking for a retest of the low in the coming days, or into next week.

I will add that I would prefer the market rolls over slowly at first so that the bears don't try to short it, nor the bulls want to exit but instead they buy as it's going down.  Alternatively we just get a big gap down and go where bulls are trapped long and bears are waiting on a bounce that never comes.

Have a blessed day.

Red
Author: Red

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