tomj2417

Emini - ES - Long but looking for an interim top

Long
tomj2417 Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Here I go again. Looking for a top. A couple of targets for my suggested wave 5 , the 1.618 extension of wave 1 or the 0.618 extension of waves 1 to 3 (which also coincides with the 1.618 extension of wave 1). If I am correct on the count here then my wave 3 is also the same as wave 1. I've chucked in a parallel channel for good measure too. Now lets watch it blow straight through as this market seems to want to go to the moon.
Comment:
Almost dead on.
Comment:
Unless it's going to go something like this....
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.