ES potential for new highs

Atualizado
Good Morning Traders,

Closures below 4200 invalidate ES to new highs.

potential reasons for this move:
- humans are like new things
- buyers outweighing sellers

-Stimulus Measures: Government and central bank stimulus programs can inject liquidity into the financial system and provide support to businesses and individuals. Continued fiscal and monetary policies aimed at promoting economic growth and stability may positively impact investor sentiment and drive stock prices higher.

-Market Sentiment and Investor Confidence: Investor sentiment plays a crucial role in stock market performance. If there is a widespread positive outlook, increased investor confidence can fuel buying activity and push stock prices higher. Factors such as low interest rates, positive earnings reports, and positive macroeconomic indicators can contribute to a bullish sentiment.

-Long-Term Growth Potential: The stock market is driven by long-term expectations and the underlying growth potential of companies. If there is optimism regarding the future prospects of businesses, investors may be willing to pay higher prices for stocks, leading to new market highs.
Nota
Good Evening Traders.
Still looking good, no closures below 4200.
snapshot

Zoomed out weekly view
snapshot
Nota
New highs achieved
Nota
snapshot
target within reach
Nota
snapshot
levels of interest marked.
potential divergence developing.
still possible to blow off the top testing the near level above close to initial target
Nota
potential to reality.
snapshot
new highs.
update inc
Nota
snapshot
Nota
Watching for failure of local ranges that are sending price up for retest of marked levels.
Nota
snapshot

happy steak
Nota
bottom to ath call done
snapshot
levels of interest
Beyond Technical AnalysisTrend Analysis

Aviso legal