Weekly Analysis for Micro ES Futures (12/4/23)

2023년 12월 4일

December 4, 2023 - Weekly Analysis for Micro ES Futures

The Micro E-Mini S&P 500 Index Futures is up ~31% in 60 weeks (since mid-Oct 2022) at 4587.00
- Inverse Head and Shoulders, to the downside📉
- Inside a weekly consolidation range
- 2u-2u-1, inside week
- Weekly Bearish Target🎯 4544.50
- Weekly Bullish Target🎯 4607.75

Conclusion: Price is beginning to move downwards and is approaching the 50% retracement of the previous week. Will look at lower timeframes like the Daily, Hourly or 15minute to look for entry price.

2024년 1월 6일

매매 수동청산

Price continued up and made all time highs passing the weekly bullish target of 4607.75.

Currently retracing downwards after moving upwards for 9 weeks straight.