I prepared this post a while before the close today, but for some reason, my media computer took two hours to encode the video. Everything still relevant now so here it is.
In the interim the backtest into the 2619 area is in progress and assuming that support holds, I’m expecting a higher high to make the second high of a double top at one of the obvious resistance levels above at the monthly pivot in the 2676 area, and the daily middle band, now in the 2688 area. Looking for strong resistance at one or the other. Intraday Video from theartofchart.net – Update on ES, NQ, and TF:
SPX 60min chart:
05th Apr 2018