ES Ascending Wedge
ES has another ascending wedge after breaking below a recent one, both shorter term. Currently moving near the bottom of the range. I'm expecting it to break below and head to 5600 for the next stop. If no break, it may head back up towards the top end of the range and potentially higher, but we'll have to wait and see if that happens.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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