Triple range expansion
Approximately 440 ticks
Just completed another range expansion
Expecting to hit lower T1/T2 this week
ES/NQ has entered a hidden channel similar to the 2018/2019 market correction rally. We are at the top of the channel, expecting a technical pullback.
Alternative scenario would be range expansion higher to T2 - 3538
Looking to short on Futures open today, a gap up would confirm a near term bearish bias
Will turn bullish around 2975 pivot
Approximately 440 ticks
Just completed another range expansion
Expecting to hit lower T1/T2 this week
ES/NQ has entered a hidden channel similar to the 2018/2019 market correction rally. We are at the top of the channel, expecting a technical pullback.
Alternative scenario would be range expansion higher to T2 - 3538
Looking to short on Futures open today, a gap up would confirm a near term bearish bias
Will turn bullish around 2975 pivot
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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.
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.