S&P 500 E-미니 선물
롱

$ES New All Time High Expected

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Our projected path for ES1! to take out the January 2022 High which also happens to be the All Time High. We are using a range from a Weekly Volume Imbalance and a Weekly Bullish Order Block combined to give us a price range between $4190-$4288 to find long positions. This price range is also in a discount for the current weekly price leg; giving us more reason to look for buying opportunities here. Look for price to reach this are late August or early September. We will post a smaller time frame once we get into this area and we see a favorable trade. We will take a small swing position but we are more excited to ride the price legs to the new high through intraday trading. We have used Fibonacci Projections to give us $4854 as our first target.

Just for fun we want to call $5092 as the 2023 High of The Year. Leave your best guesses for the 2023 High below :)

Happy Trading,

BlackOakCapital

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