Es might be done at 65.75, with some support area over there, but there is much stronger level in high 30's, which is likely to work like a magnet.
I will also mention 1720, but I don't believe it will be hit soon, so if ever ES is gonna get there it will need more time, so most likely it won't reach that level in ABCD fashion.
MA
MarcinO
Rep: 67
Posts: 5,506
Lower boubdary hit, but I am counting on one more push up.
Originally posted by MarcinO
There is an interesting zone between 55 and 65, which could send the ES down.
JI
jimkane
Rep: 3,058
Posts: 33,089
I can't get over how classic the AM low setup was as far as the methodology. It's been awhile since I've seen this clean of a trending setup like this. I'm not sure if I'm clear on this. Early AM low put in, pullback in an ABCD to a massive line confluence at expected Fibs and frequencies, with a TL stop run. Just the 'textbook' the chart's on my wall artwork play, right to the expected area. Gotta love it.





