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Anbat
Jul 28, 2018 4:53 PM

ES/DOW - Retracement Time (All Is Okay!!!) Short

E-mini S&P 500 FuturesCME

Description

ES/DOW is overbought (a lot of stocks), time for overvalued stocks to come back to being lower price. I believe that ES will retrace to 2666.25 to 2700.00 price action reversal zone, before turning bullish again. Will be trading bearish until that time too. Just continue to trade the chart and do not fight TREND.
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