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PowerTrades

ES_F Pullback trade opportunity

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
PowerTrades Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Chart Patterns Wave Analysis es_f S&P 500 (SPX500)
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trendanalysis chartpattern waveanalysis es_f spx500
#ES_F has a low risk pullback trade opportunity here. 2745-50 are long term resistances and also upper extensions of long term composites. this has a likelihood to test 2720- 2705 on the downside.
Comment:
This trade has triggered and has moved above the expected band. Whats a good stop at this point. There is a HVN @ 2772.50 range , that should be a stop area , this also almost coincides with 76.8% of the retracement.
Comment:
This is nearly at the edge.. just about to be taken out
Trade closed: stop reached:
Done & dusted. although i still think its not a free ride upside and has limited upside levels from here.
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