RationalTrader
Long

Still within what looks like a strong impulsive structure

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
97 1 1
Recent correction migh soon be over as there is strong resistance around current price level which is 0.618 of prospected wave 1 on the chart. Expecting a new fifth impulsive wave to form and break out of the current ascensing triangle and head towards 2267 which is 1.618 of wave 3.
Point 4 can't break below point 1 for this to be correct
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