ES_F marked a low near the 161% retracement of the recent swing, until it holds below the pivot highs of 2750-60, which is also the recent pivot highs, there is a fair chance to test the lower range of 2705 ( previous pivot highs ) , 2655 (261% retracement levels ).
Although a prudent trade here will be to wait for a confirmation below 161% range or short in pullbacks near the resistance zones mentioned above
Although a prudent trade here will be to wait for a confirmation below 161% range or short in pullbacks near the resistance zones mentioned above
Note
Hitting the resistance zones , time to get in near 2745-50Note
This played out to be a perfectly timed entry, crashed exactly from thereRelated publications
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Related publications
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.