Market Analysis 2024-06-21
ES
Weekly Chart
It is noticeable after breaking out the TR, it reached the 1MM on last Thursday and had a pull back yesterday. It is still in a strong bull trend and it's been two weeks that the price never touches the EMA on daily chart. The odds are the worst case for the current trend is to become a TR again and try to test 5431 or EMA in the coming days.
Daily Chart
CL
Weekly Chart
CL broke out the bear wedge and above the LH, next week, there is a high probability after this PB, it will reach to 83.6 or even 86.
Daily Chart
GC
Weekly Chart
GC is either experiencing the bear flag(possibly BO to the bearish trend and touch 2300 again) or will have another push up to try to touch 2397. But in either way, it is at most in the TR and short should be the main position.