Many of you are familiar with my ES arc on the daily chart. Daily model has now handed to Weekly as the dominant time frame. My targets were spot on. My expectations are ES to close at the 2053 level, but we will see wild swings over the next couple weeks.
I anticipate the bottom to be 1984.75 before weekly hands to monthly. We should see a close over 2053 then extreme weakness as the candle shadow test the lows.
This will be an extremely difficult environment to trade. Both calls and puts will make money, but buy LOTS of time.. Will provide more updates.
I anticipate the bottom to be 1984.75 before weekly hands to monthly. We should see a close over 2053 then extreme weakness as the candle shadow test the lows.
This will be an extremely difficult environment to trade. Both calls and puts will make money, but buy LOTS of time.. Will provide more updates.