It looks like a triangle.. but it's not. ES showing impulsive moves lower after an ABC move to the upside petered out.
Those looking for triangle-like continuation of a rally may be holding on for dear life this week. Nonetheless, look for the upside to 5450+ and complete the right side of a diamond structure when futures open.
Those looking for triangle-like continuation of a rally may be holding on for dear life this week. Nonetheless, look for the upside to 5450+ and complete the right side of a diamond structure when futures open.
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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.