Eloquent

es 11-26 update

Long
Eloquent Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
good morning!

es looks like it's playing out as an expanded flat for this wave 4 of the final fifth wave into wave (1) of a higher degree.

came down quite impulsively, indicative of a sub-wave 3.

which means we have 1 more leg down to go.

accumulating longs in my green box will work, with a stop loss just beneath.

pretty wide range, but look for bullish divergence on money flow \ rsi, & keep a decent sized stop if you play.

possible it gets down to the 2.618 for the total shake out; if we get down there, expect a short squeeze to the upside.

💸
Trade active
Comment:
Comment:
es might pull back a little here, potentially to put in the final leg down.

if it happens tomorrow, don't be surprised

this dip will be for buying (if it comes)


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