morning o/
haven't been making any posts lately, as i've been silently observing price action across the boards.
today i'm seeing a rare sell signal which doesn't pop up very often - which leads me to believe es has another big leg down
potentially the final leg to complete this leading diagonal into wave A\1.
---
after this local bottom, we should in theory see a big move up to potentially make a new high, likely just a lower high before the real drop comes.
something along these lines.
it's going to take a lot of time to play out, i wouldn't try shorting it or anything - not unless you knew exactly what you were doing.
:insertmichaelburryemojihere:
✌
haven't been making any posts lately, as i've been silently observing price action across the boards.
today i'm seeing a rare sell signal which doesn't pop up very often - which leads me to believe es has another big leg down
potentially the final leg to complete this leading diagonal into wave A\1.
---
after this local bottom, we should in theory see a big move up to potentially make a new high, likely just a lower high before the real drop comes.
something along these lines.
it's going to take a lot of time to play out, i wouldn't try shorting it or anything - not unless you knew exactly what you were doing.
:insertmichaelburryemojihere:
✌
Note
pushing my trendline up a bit to 4448.75 (100% extension) 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.