Choices, Choices, Choices ES

Jan 4, 2021

So we had a big drop, and wow that was fast, but not that we are oversold, do we continue onward and upward?

Or, is this the beginning of the “Big Correction”?

Probably somewhere in the middle, but it would not at all surprise me if this leads us to another ATH and the real correction comes in February or March.

Take this more as a warning shot in a year that will likely bring some bearish movement.

Price predicitons for upcoming days are as follows:

1-4-20
3740

1-5-20
3730

1-6-20
3730

1-7-20
3730

1-8-20
3730

After this, I see price going up more back to 3740, but still thinking January could end in the 3400s and we stay down there until the middle of the year, around June when things start to take off a bit respectively.

That being said, I don’t think getting over 3600 for any duration of time for the entire year is likely.

it is getting clearer and clearer that thte correction is going to be a slow painful death instead of one fell swoop of sell off. It is in the best interest of the sellers to sell some, let the price go up, sell again, and so on. It would be unwise to make one massive selloff and ultimately not get the best price for their sales.

Jan 4, 2021

Note

sorry still getting used to writing “21” for 2021, but you know what I meant :)