Despite my opinion on the overall market, I still look at the charts for my intra day trading.
Currently the ES is in a wedge pattern on an intra day time frame. My opinion is the following
1;. Bearish sentiment is at 63% which could see prices push through and break the upper line of the wedge. I would then target a run up to 2197.
2; Prices break the lower wedge pattern, I would then look for a quick and steep fall to test 2142
Currently the ES is in a wedge pattern on an intra day time frame. My opinion is the following
1;. Bearish sentiment is at 63% which could see prices push through and break the upper line of the wedge. I would then target a run up to 2197.
2; Prices break the lower wedge pattern, I would then look for a quick and steep fall to test 2142
