ES1! morning analysis
Big picture analysis for ES1!
Proposed primary wave ((1)) terminating in March 2000, primary wave ((2)) terminating in March 2009 as a zigzag, and primary wave ((3)) terminating in January 2022.
Proposed primary wave ((4)) seen as an expanded flat, with wave A terminating in October 2022 and wave B at or near termination now. Wave C would take price below October 2022 low, with parallel channel providing price support above 3000 and wave C terminating near the wave (4) of lesser degree.
Proposed primary wave ((1)) terminating in March 2000, primary wave ((2)) terminating in March 2009 as a zigzag, and primary wave ((3)) terminating in January 2022.
Proposed primary wave ((4)) seen as an expanded flat, with wave A terminating in October 2022 and wave B at or near termination now. Wave C would take price below October 2022 low, with parallel channel providing price support above 3000 and wave C terminating near the wave (4) of lesser degree.
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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.