DislikedLet me show you guys something. On the daily chart below, we smashed thrugh a rising trend line (white line)two days ago. yesturday, it retraced right up to it but did not close back over. curntly early europe sesion, it looks bearish.
some people recently have spoken about going to 170 evan 190. now today being friday last day of the week, if we close below that blue line that indicates weekly gan at 150.43 which is very possible, i would not like to have any longs put it that way.Ignored
Yep, looking at the same trendline.
The nature of the fall 2 days ago leads me to believe that we will at least revisit <148 sometime soon. ES dropped overnight again and right now a mini battle taking place at 151, so let's see how it plays out.
I'm short, but not loving this PA.
EDIT: Just seen on Bloomies BNP Paribas has a price target for EY of 126 by end of July. This would equate GY to below 146.