Yearly Projection ES Daily Time Frame
Here is the last 3 years and what I believe is the most reasonable course of action for the ES. 3200 is the next level of Major Support. We have been in a correction since the high of the year. January 1st was literally the high of the year. If you take the weekly head and shoulder's neckline at 4150 and project it downward you arrive at 3500 which is the 0.5 fib extension. Between 3200-3500 is where we shall see the bottoming process begin, In my Opinion. I will trade what the market shows me.
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