ES is due for a drop.
So Es is due for a drop, maybe even a significant correction. But this is tough to call because markets only go up don’t cha’ know? Manipulation is tough to trade but I still take small bites of money on sells. And now think we are at a sell spot possibly. ES has been trading in parallel channel of yellow lines. Also this index is overbought on monthly, weekly and daily. Look back at past same such conditions and you see almost always selling off. So that is what i am to do somewhere between now and touch of top of yellow channel. Take a small bite of profit if it drops because today’s markets have so much of a lot of fuel. It’s got to drop big one f these days, and I will be ready for big drop. But I don’t think this is a setup to the big one.
I appreciate everyone support and nice thoughts.
Miss Bunny.
I appreciate everyone support and nice thoughts.
Miss Bunny.
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.