It remains to be seen whether ES futures (in all time-highs now) will make a convincing breakout any time soon. A consolidation or rest at current levels will be constructive as the market is severely “overbought”.
SP-500 futures, daily chart:
Chart courtesy of Investing.com. http://investing.com
Please read the Disclaimer!
RECEIVE MY TRADING REPORT FREE OF CHARGE FOR 2 WEEKS BY SENDING ME AN E-MAIL AT: THETRADINGSTRATEGIST@YAHOO.COM !!!