I do believe it's time for a slight cool off for the ES. The swings are getting smaller and we are getting tighter. Currently in a fairly large channel (main channel) but currently still in an uptrend as well. With the swings getting smaller, we will either break to the upside for a push above 4200, or break down for a cool off period back to around 4130-4100.
We have also completed two legs up for a measured move. Looking like it's time for some correction.
I am currently short at the 77's with profit targets of 65 (targeting the uptrend support) and 50 (targeting a breakdown of the uptrend and a third retest of ~50.
We have also completed two legs up for a measured move. Looking like it's time for some correction.
I am currently short at the 77's with profit targets of 65 (targeting the uptrend support) and 50 (targeting a breakdown of the uptrend and a third retest of ~50.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.