travis18haney

ES Futures Week 5 analysis

CME_MINI:ES1!   S&P 500 E-mini Futures
The four hour chart just completed the reverse head and shoulders. I am looking for a counter trend sell back to the MA and then the support Long trade back to 4100.
Comment:
The price pivoted from 3950 lower which is a 50' level. I should have assumed that price would pivot off of another 50' level, which it did at 3750, and not at 3800.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.