ES mini - dips today, rally tomorrow

Updated
I don't think the C wave is done. On the sell off today the RSI on smaller time frames is already showing hidden bull divergences. Down to 3880 to touch the pitchfork fib would be my guess, but recovery and rally tomorrow either into FOMC or as a reaction to it to finish the C wave makes most sense. Under 3850 and the idea is wrong and we're probably going lower. Good luck
Comment
support level reached, may spike through it. Objective long for a small trade. snapshot
Comment
SPY at support expect a bounce, maybe a triangle until tomorrow snapshot
Comment
buyers stepping in, fast moves down often are C waves. snapshot
Comment
SPY daily BB at 393, I think it will get there tomorrow snapshot
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wave Analysis

Also on:

Related publications

Disclaimer