Dip or Rip? NEW way to evaluate Short/ Long - MUST SEE!!!
ES and NQ @ critical technical levels with news of further shutdowns. Here I'd like everyone to take another look at what I am presenting. In this chart, I have flipped the ES1! chart upside down so if you're not used to looking for trades in both directions (i.e short and long)- this may make it easier for you. If you look at the chart as I present *dont look at color of candle* and think of this as a swing-setup for long position.. it would normally indicate a pretty bullish upcoming move.
I have "projected" fibonnacci price levels to watch out for and trend lines are both GANN measurements and resistance/ support levels that of which, I take into account.
Essentially, if ES breaks below $3516, I am projecting drop to approx. 3425 - 3440 before revaluating my POS for next move. As you see, this could equate to over 76 points to the downside if my evaluation is correct.
Thanks for looking, dont forget to slap that like & follow button for more moves!
Other trades I'm in:
BCRX, CALA, RGNX, VXX, LRN, XERS. Check out recent BCRX move!!
Disclaimer: I am not a financial advisor, nor is this a buy or sell recommendation. It is to be used for educational purposes.
I have "projected" fibonnacci price levels to watch out for and trend lines are both GANN measurements and resistance/ support levels that of which, I take into account.
Essentially, if ES breaks below $3516, I am projecting drop to approx. 3425 - 3440 before revaluating my POS for next move. As you see, this could equate to over 76 points to the downside if my evaluation is correct.
Thanks for looking, dont forget to slap that like & follow button for more moves!
Other trades I'm in:
BCRX, CALA, RGNX, VXX, LRN, XERS. Check out recent BCRX move!!
Disclaimer: I am not a financial advisor, nor is this a buy or sell recommendation. It is to be used for educational purposes.
