Hello friends.
We are shorting the ES with a tight stop loss based on the volume profile's resistance area and also based on our wave theory view of the market at this time. Also important, the fair value has been dropping for the past week and continues to drop, and the price is now a bit above the fair value which makes it more ideal to be short than long.
We are shorting the ES with a tight stop loss based on the volume profile's resistance area and also based on our wave theory view of the market at this time. Also important, the fair value has been dropping for the past week and continues to drop, and the price is now a bit above the fair value which makes it more ideal to be short than long.
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