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Stockplayss

ES 5/5 ANALYSIS 1 HOUR WITH SAMPLE TRADE IDEA

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
Stockplayss  
CME_MINI:ES1!   S&P 500 E-mini Futures
Technical Indicators Wave Analysis Chart Patterns ES SPDR S&P 500 ETF (SPY) analysis trade IDEA Contains image
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indicator waveanalysis chartpattern es spy analysis trade idea containsimage
ES seems to be going up for its last liquidity grab as a 3 wave ABC zig zag structure before labeled in purple.

After which it most probably get rejected by the high seller pressure in the 4200 region. and complete the 2 second wave of a larger timeframe and start its third wave downwards into the 3900-4000s.

This wave 2 structure also helps destroy shorts before the final downward move.

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