Expect a Retracement... BUT not a Reversal in S&P

6월 12일

Hi Trading Community,

Just a quick update on what I expect price action to look like for the ES over the next couple of days.

As you know, I've been bullish on this move — and I still am. However, there is some justification for a potential retracement to key levels. In particular, my attention is on the 5928 area.

It's too early to call this a full reversal, but let’s stay sharp in our trading and continue learning.

#OneCandleStickAtATime

6월 12일

노트

Some more lipstick on the chart for the story

6월 12일

노트

6월 13일

노트

Would you look at that. Once the swing high was formed, the price sank.

Admittedly, I was not a part of this move because its outside my trading hours.



Continue to study and be safe :)

6월 16일

거래청산: 타겟 닿음

What do you know!!! we have the retracement to the exact levels mentioned. Now we are seeing a return to the top side.

Lets continue to study and be safe