es 6-21 update ~
good afternoon ~
es still looks kinda trappy to me.
4h hidden bearish divergence confirmed,
regular bearish divergence confirmed as well.
few other indicators i use are flashing a sell.
---
the recent break-down from the bear channel could have been a trap,
but i feel the trap isn't quite finished yet.
3550 is the 38.20% retracement (on log scale), when taking a measurement from ath to covid low.
this area will act like a magnet.
the question isn't if this level will get hit,
but rather when will it get it.
---
mostly cash, waiting for my level before jumping in o/
es still looks kinda trappy to me.
4h hidden bearish divergence confirmed,
regular bearish divergence confirmed as well.
few other indicators i use are flashing a sell.
---
the recent break-down from the bear channel could have been a trap,
but i feel the trap isn't quite finished yet.
3550 is the 38.20% retracement (on log scale), when taking a measurement from ath to covid low.
this area will act like a magnet.
the question isn't if this level will get hit,
but rather when will it get it.
---
mostly cash, waiting for my level before jumping in o/
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