MichaelBsul

Exploring the S&P500: Decoding the Market Maker

Short
MichaelBsul Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
-Here's my quad chart analysis of ES1!, the S&P500 futures index, displaying striking accuracy with Fibonacci retracements.

-The top two boxes present micro charts on daily tf's, showing recent Fibonacci-based peaks and troughs. The bottom two are weekly schematics on 3 Day tf's, revealing longer-term trends obediently following Fib levels.

-KEEP IN MIND THE BOTTOM TWO "WEEKLY" ARE ACTUALLY 3 DAY CHARTS MAPPING A WEEKLY SCHEMATIC


-This alignment suggests the Market Maker's playful maneuvers before an anticipated significant move. Based on the patterns, I hypothesize a considerable downtrend on the horizon for the S&P Futures Index (ES1!).

-Remember, market predictions aren't set in stone and require vigilance. However... dump city here we come.
Comment:
Alternative Bullish scenario and/or final resistance before collapse.
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