ES Megaphone Hold True?
Thing are getting over sold, so if the megaphone is true, it might looking something like this on a bounce. That being said the push down is hard and if we break the patter, it might be 6 or 7 more days of winter.
Note
Also, be careful, because of the head and shoulders forming, it seems to me unlikely that we will hit the top of the megaphone again, but crazier things certainly have happened. It would seem like the perfect bull trap to me to stop it short of that happening for the bears out there.
The prediction is in...
= FIB
= FIB
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The prediction is in...
= FIB
= FIB
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.