CoinObservatory

$ES $SPY $SPX - ABCDE Wedge possibilit

CME_MINI:ES1!   S&P 500 E-mini Futures
I've highlighted these wedges previously via our Twitter.

Currently, the ES is Extending the E leg,
Which typically extends 1.2-1.4-1.618% of C-0

I'd look for a violent reversal back to the upside at 4236 or 4178.
Further selling would invalidate the formation

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