Expect a Retracement... BUT not a Reversal in S&P
Hi Trading Community,
Just a quick update on what I expect price action to look like for the ES over the next couple of days.
As you know, I've been bullish on this move — and I still am. However, there is some justification for a potential retracement to key levels. In particular, my attention is on the 5928 area.
It's too early to call this a full reversal, but let’s stay sharp in our trading and continue learning.
#OneCandleStickAtATime
Just a quick update on what I expect price action to look like for the ES over the next couple of days.
As you know, I've been bullish on this move — and I still am. However, there is some justification for a potential retracement to key levels. In particular, my attention is on the 5928 area.
It's too early to call this a full reversal, but let’s stay sharp in our trading and continue learning.
#OneCandleStickAtATime
Nota
Some more lipstick on the chart for the story Nota
Nota
Would you look at that. Once the swing high was formed, the price sank.Admittedly, I was not a part of this move because its outside my trading hours.
Continue to study and be safe :)
Operación cerrada: objetivo alcanzado
What do you know!!! we have the retracement to the exact levels mentioned. Now we are seeing a return to the top side.
Lets continue to study and be safe
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.