4305 is the 61.8% Fibonacci Retracement Line. Some believe once
ES
crosses this line with a solid breakout (high volume and/or being staying above this line for three consecutive days), then we are clear into bull territory.
Others, of course, believe, the breakout was in January 23 when candles began a new trajectory upwards.
ES
crosses this line with a solid breakout (high volume and/or being staying above this line for three consecutive days), then we are clear into bull territory. Others, of course, believe, the breakout was in January 23 when candles began a new trajectory upwards.
