good evening o/
i'm looking for a back-test of 3900 before a pivot to the downside.
once 3900ish is achieved, i think es raids the range lows for a stop-loss raid \ fake out \ swing failure pattern. (similar to btc).
buying into that sfp is the plan, with a target above 4000.
i foresee one more dip down from that 4000 range - down to 3550\3500 which i believe will mark a significant bottom in the markets.
it won't be "the bottom", but it'll be a bottom - followed by some upside for a couple of months after.
i'm looking for a back-test of 3900 before a pivot to the downside.
once 3900ish is achieved, i think es raids the range lows for a stop-loss raid \ fake out \ swing failure pattern. (similar to btc).
buying into that sfp is the plan, with a target above 4000.
i foresee one more dip down from that 4000 range - down to 3550\3500 which i believe will mark a significant bottom in the markets.
it won't be "the bottom", but it'll be a bottom - followed by some upside for a couple of months after.