ES/SPX Keep Calm and Carry On

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Latest thoughts on ES/SPX after further review of larger timeframe data and break of long term resistance line.

Bulls rang that 3700 bell right at the cash close on 12/04. Pullback from there should be a small corrective ABC wave to retest consolidation somewhere in the 3677.75 – 3664.25 range (0.382 – 0.5 fib retracement) and then keep calm and carry on.

Notes on chart for your entertainment.

***Yellow path is artists conception

No animals were harmed in the making of this chart

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