ES Morning Update January 25th 2024
We finally got a pullback yesterday as the market was up nicely early in the day closed down just slightly into the end of the day. It’s a much clearer red close on the SPX, but it’s still what I was looking for to start to form the final top. This could be finished by this Monday… maybe even tomorrow?
I’m still thinking we could either fall shy of 5000 by a few points or pierce through it by 30-50 points. So the next few days should tell the “tale” basically. If we chop up here tomorrow and Monday then I’ll keep looking for it to setup after the FOMC next Wednesday, as they could drag this out until after it. Meaning I’ll be back looking for Friday the 2nd or Monday the 5th.
It won’t be easy if it drags out, as a big final squeeze to 5000+ would be much better to short. Chopping sideways for a week would stink as it would be hard to know for sure if it was going to still do that last squeeze or just fail and rollover at some point. It’s a process, and in the end it will just be a “best guess” on where the top is at, and when to short it.
Have a blessed day.
Source: https://reddragonleo.com/2024/01/25/es-morning-update-january-25th-2024/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).