ES Setting Up Excess Phase Peak Pattern - Stay Cautious Today.

This price volatility has setup some very interesting price patterns on the chart. Particularly multiple Excess Phase Peak patterns on the ES chart.

My analysis suggests the ES must attempt to find support above the 5738 level, otherwise the ES (and NQ) will likely attempt to move downward into the #3, #4 and #5 stages of the Excess Phase Peak pattern.

This short video highlights how to use the Excess Phase Peak Patterns for your trading.

Stay cautious today. Price is very volatile and it is likely that we are seeing capital react to external news (again).

Get some.

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