S&P Future ES

In the afternoon of May 6th S&P future (ES) gapped down and made a low of 1342.50. Since then it tried to break 1342.50 but could not. Almost every day same scenario played out. As long as 1342.50 holds I expect ES to rise upward. If it breaks 1334 then it could drop to 1312.00 The probability of its going up is higher than going down. May 15th is the market turn date and this also supports the logic that markets are expected to move higher this week. But remember only God The-All-Know er knows all and no one in this Universe.

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