As we saw today ES shot up as predicted to complete Wave 3 of the corrective ABC wave.
Wave 4 looks like an ABCDE triangle, which sets up one last wave 5 before the downward trend begins.
I am looking at shorting opportunities and I think there will be many fake outs at this time so I will trade very carefully and with great risk management.
I expect choppy price action for the rest of this week.
Feel free to comment and like.
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Wave 4 looks like an ABCDE triangle, which sets up one last wave 5 before the downward trend begins.
I am looking at shorting opportunities and I think there will be many fake outs at this time so I will trade very carefully and with great risk management.
I expect choppy price action for the rest of this week.
Feel free to comment and like.
Follow for more!