ThinkingAntsOk

ABC Forecast on ES (SPX Futures) by ThinkingAntsOk

CME_MINI:ES1!   S&P 500 E-mini Futures
Use this as a guide to develop your view of the chart.

Main items we can see on the Daily Timeframe .

a)The price has reached a major support zone (finalization of the bearish movement November 2018)

b)Based on previous scenarios we expect an ABC pattern after the first wave of the bullish movement

c)We forecast a movement towards 2800 (this will be a correction of the previous bearish trend )

d)We don't know yet if the formation is going to be a Flat pattern / Wedge Patter / Flag Pattern

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