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Jun 26, 2018 4:19 PM

ES_F Fibos and S/R works for effective Projections Short

E-mini S&P 500 FuturesCME

Description

ES_F marked a low near the 161% retracement of the recent swing, until it holds below the pivot highs of 2750-60, which is also the recent pivot highs, there is a fair chance to test the lower range of 2705 ( previous pivot highs ) , 2655 (261% retracement levels ).
Although a prudent trade here will be to wait for a confirmation below 161% range or short in pullbacks near the resistance zones mentioned above

Comment

Hitting the resistance zones , time to get in near 2745-50

Comment

This played out to be a perfectly timed entry, crashed exactly from there
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