Macro $ES Tech idea :
Pattern : "Corrective" (WXY)? or Start of a continued "Impulse"?
Summary : So, I've been thinking I've said this in one
of my previous post about our "Market Cipher Big -Buy"
and the last times we've had a "Daily Big buy"
we've "rallied" a good percentage. Question here now is are we done?
In my opinion if we don't start coming down by, Tuesday
I see this being a "Potential Finished correction", but from looking at the chart,
we are still in heavily supply with yet no close above. Also from our (A -> C wave) we still
have "Low Volume" which is a "Corrective Trait".
So if we can maintain this zone by Tuesday and
see a deep correction down id still keep the
possible "WXY" on the table , ONLY IF.
Now my signals for this being an "Impulse" out of the correction, is
"Higher Volume", small retraces and break from the "KPH and Parallel Channel".
Noteables : 12 demand newly printed
Pattern : "Corrective" (WXY)? or Start of a continued "Impulse"?
Summary : So, I've been thinking I've said this in one
of my previous post about our "Market Cipher Big -Buy"
and the last times we've had a "Daily Big buy"
we've "rallied" a good percentage. Question here now is are we done?
In my opinion if we don't start coming down by, Tuesday
I see this being a "Potential Finished correction", but from looking at the chart,
we are still in heavily supply with yet no close above. Also from our (A -> C wave) we still
have "Low Volume" which is a "Corrective Trait".
So if we can maintain this zone by Tuesday and
see a deep correction down id still keep the
possible "WXY" on the table , ONLY IF.
Now my signals for this being an "Impulse" out of the correction, is
"Higher Volume", small retraces and break from the "KPH and Parallel Channel".
Noteables : 12 demand newly printed