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drewpart75

ES-On the last leg down

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
drewpart75  
CME_MINI:ES1!   S&P 500 E-mini Futures
Wave Analysis Chart Patterns Trend Analysis
4
1
waveanalysis chartpattern trendanalysis
Since IVth waves are A-B-C structures, and the typical retrace of Wave B (which we're in) is 50% of Wave A, 2420 should be an area to watch for a potential Wave C (up). Obviously, B Waves can extend so caution is advised...but keep your shorts on for now, but prepare thyself for Long pants soon.

GL Y'all!

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