Market Analysis for May 7th, 2021


ES - no surprises, price action followed our 4hr white line projection...given the temporary bottom context from 4120 lows.

Train riders locked in some short-term gains. Have a great weekend everyone đź’Ş đź’Ş Ride again next Monday !

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.


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