Long

ES1! TA vs FEDFUNDS

Updated

Using Elliot Wave Theory, I found some bullish targets, for an extended 5th wave, to around 6666 ES1!. Comparing 2018-2020 to 2022-2024 wave fractals and FEDFUNDS, there's a glaring pattern; calling for a short-squeeze to V-shaped-crash scenario.

Note

We may still see some pullback here at the 1.6 fib, and then continue up for last leg Q4.

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Pullback in action. Bulls considering a leg off a vwap here to 600 and exhaustion fib 4.272. Bears eyeing 535/500/450 . More charts and detail in my chat log. tradingview.com/chat/history/?room=stock&date=2024-07-20&timefrom=00:00&timeto=00:00&usernames=Nicklaus68&order=asc&tzoffset=240&msgid=

Note

Note

Gap filling in progress. After this 5 wave complete, 1st of the month should see some bull trend off 5350 area. Not sureh ow long it will last, tho.

Nicklaus68

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