S&P500 2024 Road Ahead
Hello Traders,
Please allow me to start the New Year by thanking you for following and liking my trading ideas. I'm an active swing trader of micro /ES only with a purely technical, institutional price action perspective strategy.
We start 2024 on our toes after crushing the December long. I've outlined some directional thoughts of the week ahead, although any combination of paths could play out.
Structurally, we did find a lower low last week, however I'd need to see price below 4700 to consider selling. Not really a convinced buyer at the moment, but watching the daily chart closely.
In the meantime we can probably expect sideways action until S&P 5000 catalyst arrives. All-time-highs provide a logical trade target.
Good luck! 2024 here we come
Please allow me to start the New Year by thanking you for following and liking my trading ideas. I'm an active swing trader of micro /ES only with a purely technical, institutional price action perspective strategy.
We start 2024 on our toes after crushing the December long. I've outlined some directional thoughts of the week ahead, although any combination of paths could play out.
Structurally, we did find a lower low last week, however I'd need to see price below 4700 to consider selling. Not really a convinced buyer at the moment, but watching the daily chart closely.
In the meantime we can probably expect sideways action until S&P 5000 catalyst arrives. All-time-highs provide a logical trade target.
Good luck! 2024 here we come
