FibonacciDiPisa

Seems Spelled Out, But For Real This Time ES?

CME_MINI:ES1!   S&P 500 E-mini Futures
Seeing a lot of trend lines pointing to suspicious places. However, not holding out too hard for that kind of drop based on all the bullishness we have seen. Still looking to bounce of stronger, long-term lines.

Remember, though, how hard we came up, and how hard we can run down to points such as those. One bad piece of news or someone deciding it is time can flip this around very quickly.

Finally, we are about to kiss the top of the RSI daily trend line, so I would anticipate out long-awaited push down today or tomorrow at the latest. Will it be gradual, probably...could it be more harsh, definitely.

= FIB

Comment:
also seeing concentric bearish cyphers on the 5m, 30m, 3hr, and the daily...all telling of stopping point along our way downward

The prediction is in...

= FIB
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