ES Overnight Breakdown Continuation?
Will ES continue to break down the main channel support? If we do not hold 4150, I believe we will see a much needed cool off and a main channel retest around ~4120.
I played a short overnight for 20 points for a measured move of yesterdays leg. I believe we will see a small bounce to retest the uptrend, then see continuation down to the main channel as we have lost a bit of steam.
I played a short overnight for 20 points for a measured move of yesterdays leg. I believe we will see a small bounce to retest the uptrend, then see continuation down to the main channel as we have lost a bit of steam.
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