ES Resistance.
I am not saying this is a short trade, but if we start breaking down in this area, I would expect lower on the ES. My fibs are pulled from the prior yearly swing highs. This is a major area of resistance. If we gain this box and hold we will go higher, but the hold must be on the high time frame charts like the monthly and quarterly. Thoughts?
Trade closed: target reached
GG
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.