Trader522

Awaiting a correction soon

Short
Trader522 Mis à jour   
CME_MINI:ES1!   Contrats à terme E-mini S&P 500
Waiting for a correction down in this market soon. I have exited most of my long positions, but do still keep one alive to try time the breakout.

A few points in favor of this idea;
  • There are two wedges forming inside the daily channel
  • Upper channel line has already been touched once by last bullish wave.
  • Bollinger bands are getting very narrow, implying a breakout (most likely down) soon.
Commentaire:
Possibly some more upside before a correction:

Commentaire:
Possible long term development. Several wedges developing:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.