As we spoke about last week, ES_F between 4273 and 4330 is our defined range until it isn't. There will be noise in-between, but until we get a daily close below or above those two areas it should be a very healthy area to long/short and make a lot of money with an elevated VIX.
We think we go revisit last weeks lows early in the week, only to bounce again. Once we breakout of 4330 and hold above on a daily close we should head back to 4700.
We think we go revisit last weeks lows early in the week, only to bounce again. Once we breakout of 4330 and hold above on a daily close we should head back to 4700.
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