hehe
Long

ES_F - #NoRateHike scenario - Ascending Triangle

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
The ascending triangle is a bullish continuation pattern. Now everything depends on our aunt Yellen ...


http://thepatternsite.com/at.html
snapshot

here is alternative sir!,, descending tryangle
+1 Reply
I'm with you on this idea, these are the most likely pathways.
+2 Reply
... It can also be a double three.
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hehe hehe
...

snapshot
+4 Reply
I think above 197.5 it will cancel downside risk... although Yellen will impact the index, no doubt=)
+1 Reply
hehe Killy_Mel
... hay muchas preguntas & pocas respuestas :


snapshot
+2 Reply
haha nice)
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flag or ascending triangle, it doesnt really matter for now. Both ways is possible, all depends on yellen yelling.
+2 Reply
If that is even a triangle.
I do see upside as possible here though, but don't think it can go too high either.
The 2009 to date rally is done I think.
+2 Reply
some would see a bear flag, a bearish continuation
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