Looking back at the Dec 2018 correction

28 Şub 2020

I am thinking how to trade the eventual turnaround in the ES and looking back at 2018, would be our closest example. I would wait for a bounce, and wait for the MACD and MA's on the 4 hourly chart to turn back bullish. Then wait for a break above a resistance level and trade a small flag or wedge breakout long.