Yesterday, the breakdown short idea I mentioned at 5938-42 triggered a 100-point sell-off in ES. Coming into today, as noted in the plan yesterday evening, losing 5850 would set up a sharp short trigger—and we just got it, dropping 25 points so far.
As of now:
• 5814, 5798 are next downside targets if selling continues
• To reverse and rally, 5857 must reclaim
As of now:
• 5814, 5798 are next downside targets if selling continues
• To reverse and rally, 5857 must reclaim
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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.