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$ES rally coming, but won't reach much higher than $3180

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CME_MINI:ES1!   S&P 500 E-mini Vadelileri
Everyone is calling for 320's relief rally, but what corrective structure fits such a case? This corrective structure is not simple zig-zag (wave b-down is retesting wave-a origination point), so the highest case up would be Expanded flat where we make a slightly lower low and a slightly higher high, but that would only reach ~ 318 on $SPY. That expanded flat opens the door for a wild whip-saw zig-zag correction in B-up of C-leg-down (theory of alternation).

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.