Near Term Trend: Bullish / Neutral
As of 5/18/18 close: 2,712.25
UPDATE: Last week, I noted Id be looking to short ES futures at 2,749 with stops above 2,752 and with a target of 2,440.75.
ES futures are consolidating some of the recent gains. I see one more shot higher to either 2,749 or 2,794 before real selling pressure sets back in.
I would be shorting ES futures at 2,749 with stops in place on a daily close above 2,752 and with a downside target of $2,440.75.