Short term falling wedge here on ES. Looking for a breakout overnight which could lead to a move back up to supply and ATH. Final upside target for me is around 5950, using the flag pole measured move.
This 5900-5890 area has proven to be important so if we don't get the breakout and fall farther below 5900, downside target would be 5866.50.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.