ES 3150 downside target
3210 has to break first (this is 3 months support)
3190 has to go next (this is the price level that has been defended ever since we gapped over it due to the fake vaccine presser on Jul 14 at 5 pm)
3150 is next and is a very strong support because many supports coincide there
- resistance break out turned support from February highs
- bisecting line from 2018 (pink dotted line)
Look at the linked ideas to follow along from 3210, 3190.
For 3150, match up the current chart with this green box. We have February resistance breakout pullback retest & bisecting line from 2018.
I fully expect all of these to break sequentially one after another, after 3150 goes (not on the first short, bounce around) we drive straight to 3000.
3190 has to go next (this is the price level that has been defended ever since we gapped over it due to the fake vaccine presser on Jul 14 at 5 pm)
3150 is next and is a very strong support because many supports coincide there
- resistance break out turned support from February highs
- bisecting line from 2018 (pink dotted line)
Look at the linked ideas to follow along from 3210, 3190.
For 3150, match up the current chart with this green box. We have February resistance breakout pullback retest & bisecting line from 2018.
I fully expect all of these to break sequentially one after another, after 3150 goes (not on the first short, bounce around) we drive straight to 3000.
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