ES/SPX500 Drop off
Looking for a drop off to occur in the market soon.
Seasonality wise speaking June tends to be negative. Thus, I would like to see a drop in the next couple of weeks.
There is the August high which looks tempting as a DOL and there is a FVG left back in April 2022. I will watch price when we engage in both of those levels and will see how price reacts, if correct price action is seen for the bears to take over, I will short.
The targets are also outlined, and once reached, will re-evaluate the scenario to see if we get further downside.
Seasonality wise speaking June tends to be negative. Thus, I would like to see a drop in the next couple of weeks.
There is the August high which looks tempting as a DOL and there is a FVG left back in April 2022. I will watch price when we engage in both of those levels and will see how price reacts, if correct price action is seen for the bears to take over, I will short.
The targets are also outlined, and once reached, will re-evaluate the scenario to see if we get further downside.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.