Expect a Retracement... BUT not a Reversal in S&P
Hi Trading Community,
Just a quick update on what I expect price action to look like for the ES over the next couple of days.
As you know, I've been bullish on this move — and I still am. However, there is some justification for a potential retracement to key levels. In particular, my attention is on the 5928 area.
It's too early to call this a full reversal, but let’s stay sharp in our trading and continue learning.
#OneCandleStickAtATime
Just a quick update on what I expect price action to look like for the ES over the next couple of days.
As you know, I've been bullish on this move — and I still am. However, there is some justification for a potential retracement to key levels. In particular, my attention is on the 5928 area.
It's too early to call this a full reversal, but let’s stay sharp in our trading and continue learning.
#OneCandleStickAtATime
Nota
Some more lipstick on the chart for the story Nota
Nota
Would you look at that. Once the swing high was formed, the price sank.Admittedly, I was not a part of this move because its outside my trading hours.
Continue to study and be safe :)
Dagangan ditutup: sasaran tercapai
What do you know!!! we have the retracement to the exact levels mentioned. Now we are seeing a return to the top side.
Lets continue to study and be safe
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.