MACRO ES / SPY ANALYSIS
Hey all,
ES is in the retracement (accumulation) phase right now as it is completing an ABCDE triangle after the completion of ABC retracement. This is a typical pattern that is called a double retracement. I can see Es going to 4300 zone before pull back and the eventual start of wave 3. I do see high volatility right now so I am cash until further confirmation in the lower time frame.
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ES is in the retracement (accumulation) phase right now as it is completing an ABCDE triangle after the completion of ABC retracement. This is a typical pattern that is called a double retracement. I can see Es going to 4300 zone before pull back and the eventual start of wave 3. I do see high volatility right now so I am cash until further confirmation in the lower time frame.
Feel free to follow comment and like for more!
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.