TMV Swing Trading Report – December E-mini S&P is pushing higher after testing the upward sloping median line several times last week. The price action falls in line with the bullish reaction cycle and a continuation of the upward trend into the next reversal date. The market has crossed to the strong side of the on the momentum line, which also raises the reaction target objective. I will have updated profit loss and target objective in the next issue of the Traders Market Views.
December S&P - click to enlarge
