drewpart75

ES Daily View and my "W.A.G" on this 4th Wave

Short
CME_MINI:ES1!   Contrats à terme E-mini S&P 500
I posted a 144 min chart earlier, but this is what the Daily is telling me....the waterfall may in fact be starting its "scenic" view to the downside. But, as mentioned earlier...be cautious at/around the 2600 area bc I suspect a rise to 2640, followed by a drop to the 2570 area to complete the X Wave. The Y Wave will most likely fool a lot of traders thinking it's going UP, UP, UP....and I expect a major Rug Pull at/around the 2700-2720 zone for the 5th Wave down. Good luck Y'all!
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