ES Time and Price
Looking at the ES there seems to be a possible M pattern setting up. I don´t know if it will trade but it almost looks text book as per Bulkowski. Also, time and price seem to be lining up. From the May 19th high to the August 24th low and the August 24th low to the November 27th high, = 100% in time. While November 3rd was the higher high in November. November 27 had resistance at the 0.886 fib just like November 3rd, setting up a possible M pattern. Price closing above 2110.25 would invalidate this pattern. Price closing below 1998.50 would confirm this pattern The Possible M pattern has a target from 1886-1861 See link for Bulkowski´s M pattern thepatternsite.com/bigm.html
Best to your trading
Best to your trading
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