after todays close, it looks like es is in an ending diagonal.
>each lower low will create bullish divergence.
>price contracts \ enters into a squeeze.
>larger time-frame oscillators get a chance to completely reset.
>most people get shaken out.
>this is a form of accumulation by the big boys.
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the finishing move can be a capitulation, potentially to 3500(maybe just below) - but i do wholeheartedly expect 3550 to hold at the end of the day.
this is one of the most important levels in my opinion, and we will see a massive reaction from it.
---
ps. be on a look out for my macro spx video, will release it one of these days when i have some extra time.
have a wonderful weekend 🌴
>each lower low will create bullish divergence.
>price contracts \ enters into a squeeze.
>larger time-frame oscillators get a chance to completely reset.
>most people get shaken out.
>this is a form of accumulation by the big boys.
---
the finishing move can be a capitulation, potentially to 3500(maybe just below) - but i do wholeheartedly expect 3550 to hold at the end of the day.
this is one of the most important levels in my opinion, and we will see a massive reaction from it.
---
ps. be on a look out for my macro spx video, will release it one of these days when i have some extra time.
have a wonderful weekend 🌴