Update on $ES :
Pattern : (ABC AKA. Zig-Zag)
Summary : We got what we expected we rejected from
Daily / 12hr supply and with that we expected to come down to "Monthly Demand"
where we got a good reaction so with both
we were correct. If you made money , Congrats!!!. Now how do I see us potentially ending?
My idea here is a "Ending Diagonal"
which leaves room for "Filling orders" to then make a run up.
Also obviously if we somehow don't bounce and come below the "Monthly Demand"
I expect to come "Extensively" more down but thats why we have "Risk management" for
and "Invalidations" : ) .
- Rsi on Daily we still have "Bullish divergence",
Aswell, Market Cipher on the Daily has printed
a "Big Buy". Weekly Rsi we are coming into "Oversold Territory" and with that
the past 2 times that has happened ,we've at least have had a "Strong Bounce".
-"Invalidations , are given on the chart for the "Ending Diagonal""
Weaknesses : 5th wave volume is starting downtrend but is still significantly high
Pattern : (ABC AKA. Zig-Zag)
Summary : We got what we expected we rejected from
Daily / 12hr supply and with that we expected to come down to "Monthly Demand"
where we got a good reaction so with both
we were correct. If you made money , Congrats!!!. Now how do I see us potentially ending?
My idea here is a "Ending Diagonal"
which leaves room for "Filling orders" to then make a run up.
Also obviously if we somehow don't bounce and come below the "Monthly Demand"
I expect to come "Extensively" more down but thats why we have "Risk management" for
and "Invalidations" : ) .
- Rsi on Daily we still have "Bullish divergence",
Aswell, Market Cipher on the Daily has printed
a "Big Buy". Weekly Rsi we are coming into "Oversold Territory" and with that
the past 2 times that has happened ,we've at least have had a "Strong Bounce".
-"Invalidations , are given on the chart for the "Ending Diagonal""
Weaknesses : 5th wave volume is starting downtrend but is still significantly high