S&P 500 E-mini FuturesUpdated ES and SPY 5/17 Analysis
Hey all,
ES looks like it completing its wave B of ABC retracement wave. This B wave was a complex TRIPLE WAVE combo including a ZIG zag, a ABCDE triangle, and another ZIG ZAG and during this time I believe a lot of stocks where sold by MMS, now it will be pushed higher one last time before downward Wave 3 begins.
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ES looks like it completing its wave B of ABC retracement wave. This B wave was a complex TRIPLE WAVE combo including a ZIG zag, a ABCDE triangle, and another ZIG ZAG and during this time I believe a lot of stocks where sold by MMS, now it will be pushed higher one last time before downward Wave 3 begins.
Comment and boost
Follow for more analysis.
Trade closed: target reached
TP was reached and now I am looking for reversal opportunities, cash for the rest of the day until I see signs of reversalTrade closed: target reached
TP was WAVE A HIGH
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Disclaimer
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.