S&P 500 Jan 23 to Jan 27 Outlook
Short squeeze in full force. 2x Month OR target tagged and paused since. Closed the week at week high.
ES closed above the 2X month OR. That opened the door to 3X target around B+3. That is possible but difficult to figure out how ES can get there without any rumors or news shock again.
Normal situation, ES is likely to top out within B+1 to B+2 with a pullback to B-0 or lower.