Bulls Are Back Again Already ES?
Definitely seeing a bullish pattern, but still skeptical. I am expecting a drop to the .6 and then another rejection, the .3, and then off to 4k+ or just shy of it. That will be the tricky part is when they decide to really put the trigger as all this was just a taste. There will most certainly be a ton of resistance there but there will also be the squeezing as usually and the inevitable parabolic float up and bull trap.
If this happens, which seems likely, I would anticipate a massive correction, and perhaps even something as devastating as the thing we are all most afraid of, in April/May. Without some push down in a natural way, this fate seems unavoidable. In general, I can see issues with April, May, and November through February next year. So as always, I would be extremely cautiously bullish at this point.
= FIB
If this happens, which seems likely, I would anticipate a massive correction, and perhaps even something as devastating as the thing we are all most afraid of, in April/May. Without some push down in a natural way, this fate seems unavoidable. In general, I can see issues with April, May, and November through February next year. So as always, I would be extremely cautiously bullish at this point.
= FIB
The prediction is in...
= FIB
= FIB
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