ES is in a descending triangle inside the larger bearish broadening wedge. This triangle range could play out until Friday before we see a breakout, but I am expecting a breakout, and subsequent retest of the bearish wedge soon.
Note
Kind of looks like a big HnS if the arrows play out.Note
Playing outNote
Final target reached.
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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.