Expect More Downside to come...but watch important levels!

CME_MINI:ES1!   S&P 500 E-mini Futures
I expect the current structure of ES to be in a Bearish W, X, Y Expanding Diagonal pattern, with us currently in the X Wave down. I'm watching for a reversal between 2570-2600 which may fool a lot of traders thinking it'll go lower. I then expect price to go up to complete the Y Wave around 2700-2720 zone; which would also (finally) complete the overall Wave 4. Lastly, the 5th Wave down (not shown) should take us to the 2100 area by mid April or so. Good luck to all-

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out