Three Wave Move

CME:ES1!   None
460 7 1
See notes on chart.

Also, ES is making a 3rd wave, it may pull back a bit after bouncing off resistance @ 1842.75 area. This would create a good place to enter, with a target of 1905-9.

If the trendline is broken or price action moves sideways for 80+ bars the trade is invalid.
yes I agree, this is where the market wants to go. Maybe more than 78bars to reach that level
Yes, it may take more. I just like as much symmetry as possible (or as close to symetrical) in 3 wave moves.
LEONES PRO matt_forex
don't really like today close anyway, not strong enought
this trade is really playing out well. (so far)
LEONES PRO matt_forex
yes, pull back yesterday but it seems moving in that direction
I'm thinking the geopolitical events in the Ukraine will provide the catalyst needed for the market to pull back a bit, and entice more buyers. (once the event is resolved)
matt_forex matt_forex
practically to the day
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