ES 15m Short Term Paths
Here's a two day 15m chart for ES. The 5866.50 target from last week held twice now. Now we're forming a descending channel with my previous line in the sand above around 5892.
Will be looking for a channel breakout for a quick move back up to the 5900 area, or looking for a break down below 5866.50 for a move back down to the bottom of the channel and potentially back to demand around 5830 if it keeps going from there.
Will be looking for a channel breakout for a quick move back up to the 5900 area, or looking for a break down below 5866.50 for a move back down to the bottom of the channel and potentially back to demand around 5830 if it keeps going from there.
Note
Nice move after the 5866.50 break. It tried to hold several times but just couldn't do it in the end. Demand target just hit 🎯
Would close shorts here and reassess after some more action.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
Related publications
Disclaimer
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