where is ES heading next
The ES movement past 4 days reminds me about Feb5~Feb9, 2018, so based on fractal, I would expect we will hit a temporary bottom this morning, which could already be met with the morning economic news boost, or there will be another low but should hold above or reach a double bottom of the low reached this Monday. Either way, I expect we will choppy higher in next 2~3 weeks, resistance zone above would be:
4500 or 100% fib extension
4570~4600, where the most significant supply/resistance zone is
4500 or 100% fib extension
4570~4600, where the most significant supply/resistance zone is
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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.