Trade Ideas for ES
ES had a fakeout above this descending channel it has been trading in, which I see as quite bearish. It's back near the bottom end now, a break below would not only be a short term pattern as shown here breaking, but also a longer term trendline as well. I would expect more downside if it does break and vice versa.
Short Thesis:
advancedplays.com/short-thesis.pdf
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!
advancedplays.com/short-thesis.pdf
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!
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