Finance Unfiltered
Finance Unfiltered

Finance Unfiltered

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Bobby Iaccino, Jim Iuorio, and Mike Arnold combined over 90 years of active trading experience In stocks, commodities and options. Real trades described by real traders. Look us up on your own, and ask questions..

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Joined on 11th March 2025

Finance Unfiltered
May 08, 2025Public Post
ES finally reached the final double bottom target today. On any continued rallies, the next target is the 200 sma (levels in the weekly newsletter) and then there is a major cluster at 5,835. As outlined in the newsletter, we had a pullback that concluded yesterday to the daily rotation zone and now we have rotated higher. We do have a potential double top in place but it would require a close below 5596 to trigger and if that happens then I would be more patient on pullbacks.
ES finally reached the final double bottom target today. On any continued rallies, the next target is the 200 sma (levels in the weekly newsletter) and then there is a major cluster at 5,835. As outlined in the newsletter, we had a pullback that concluded yesterday to the daily rotation zone and now we have rotated higher. We do have a potential double top in place but it would require a close below 5596 to trigger and if that happens then I would be more patient on pullbacks.