S&P 500 E-mini Futures
Updated

How Low Shall We Go ES?

84
Uppwer trendline being respected so far with downward movement. Do we break it in usual end-of-year fashion or do we continue downwards?

Potentially low-volume floating to come, question then is: do we test the next FIB or even the ATH level? Money Flow on 3hr almost reached 0 HA! Also gold went nutso but is now correcting.

We will have to wait and see. Most likely things will be relatively sideways is my best guess with potential severe downturn in January and/or February and/or March.

Happy New Year
Note
MASSIVE amounts of ask volume which would point to the potential we go up from here…TBD

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