ES1- Reversal After Extended SelloffPrice has experienced a clean, directional drop with consistent Sell signals and EMA slope confirmation.
Current Buy signal has appeared near potential support, offering a short-term reversal watch.
EMAs still show downward pressure, so caution is warranted until breakout confirmation occurs.
🔍 Educational Setup Observation:
Observed Entry Zone: Near 6,408.00
Stop Level: Below 6,399.25 (below structural low)
Potential Target Area: 6,442.75 — prior imbalance and reaction zone
🧠 SignalPro Highlights:
This is the first Buy signal after a strong sell sequence — often used as a potential momentum shift marker.
Short-term reversal setups like this often require clear candle confirmation above moving averages to validate direction.
⚠️ This chart and setup is for educational purposes only. It is not financial advice. Always conduct your own due diligence and apply proper risk management.
Es1
Falling wedge in S&P 500 4H chartS&P 500 index futures has completed a falling wedge on 4H chart. Falling wedge is a reversal signal and indicates lack of strength in the bears. Hence, we may see price correct back to 50MA (red line) and the wedge high of 3739.
We will watch for price action as it touches the 50MA. If the price reverses and bears come back at 50MA, bullish bet would be called off. If not, bulls are strong and 3739 becomes a fair possibility.
ES is in its final leg to bottom out around 4085-4075The S&P is in its 5th wave from the high of 4327, nearing the confluence target area of 4085-4075.
Ideally wait till the entire 5th wave is complete (all the subwaves) and wait for a reversal to take a low risk entry.
Targets can be the mid 4200s.
New idea will be updated there
ES emini wave analysis from 3693 lowThis whole rise has from 3693 low (yes, not the actual low at 3639. Refer: wave 5 truncation) has been a 3 wave move so far.
Wave 1/A has been a clear 5 wave followed by an extended 3/C wave with the iii of 3 extension.
The 3/C wave ended with wave 5 as an ending diagonal.
Now, the fall from the absolute high of 4327 has been impulsive so far with a series of 1-2-i-ii.
The first target post a completion of 5 waves up is the range of the 4th wave of lower degree. This comes at 4113-4080.
This level also coincides with the 0.382 retracement of the entire rise from 3723.
Given that the entire move from the top is impulsive, we can expect a minimum of a 5-3-5 correction. After that is done, we can evaluate if it evolves into a further decline, or pushes towards a new high.
Summary: Target - 4080. Further decline to be evaluated based on the evolving structure after that.
-ansible/entropy
Dow Jones 26 Feb 2020 - Indian Traders & Worldwide Traders As asked by many Indian and overseas traders about Dow Jones. I updated live on social media platforms that a big bear hammer is going to strike dow jones in this week.
As I post dow jones is trading = 27410 with a low at 27402.
Support for dow = 27219-27402
Expectation
Low hit today evening or early morning tomorrow , range bound session could continue for 24 hours
My trade
I'm trying to buy this dip