BradMatheny

Is this the bottom in the US markets?

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
My Fibonacci Time/Price research is suggesting a major inflection point is currently setting up in the US markets that may prompt a massive bottom formation. Multiple Fibonacci levels are pointing to a support level near 2600 in the ES and my weekly analysis suggests that a major bottom reversal may happen over the next 3+ weeks with the markets rallying +450 points (to near 3100).

I have my long positions already in place for this move and my stop levels are fairly wide open. Many of you won't believe this analysis until after the bottom sets up and happens. Consider this message fair warning.

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