CME_MINI:ESZ2016   E-mini S&P 500 Futures (Dec 2016)
5
Tgif...So far this week the bulls have: closed a lower opening gap, blown through a triple top, and catapulted through two pennants. What's stopping the charge? Nothing so far. In order to continue to strong momentum the Jimmy Butler zone has to hold which coincides with a previous top channel line that can now be support. If not, then perhaps some profit taking going into the weekend will take place. But the theme this week has been "New All Time High" though and wouldn't be surprised if we see another one today.
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