Present Thoughts on the Indices ($ES, $NQ, $RTY AND $YM)

The channel strike thought from earlier is still on for $ES, so I am still looking for this rally to continue.

ES

Similarly on $NQ, I expect it to rally towards its trend line noted here:

NQ

$RTY has already broken its local downtrend (green rails) and may proceed to the orange box above:

RTY

And if this inverse on $YM plays out, it should go to the orange target box above it:

YM


[UPDATE]: All indices have hit or exceeded their respective targets, so I will file this under “Successful Calls”:

$ES target exceeded:

ES

$NQ target hit:

NQ

$RTY target kissed:

RTY

$YM target hit:

YM


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