"Down to Go Up"

212
Sometimes, to get through resistance, you have to force sellers to liquidate at much lower prices. This just happened.

ES struggled to get through 3975 since yesterday, and needed a hit new daily lows to get rid of those sellers.

Even though the H&S pattern posted earlier has been technically invalidated, the minimum measured move of the descending channel lines up with the same targets, and could go higher.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.