ES ready to tank?
Updated
The drawings on the chart catches the movements of the market very nicely.
Yesterday, the close was below the mini- support (white dashed).
A classical pullback to it with no continuation north indicates - ES will probably tank more...and the potential is down to the L-MLH.
I play this with options - selling Call-Spreads or even naked Calls...always small positions, but often.
P!
Yesterday, the close was below the mini- support (white dashed).
A classical pullback to it with no continuation north indicates - ES will probably tank more...and the potential is down to the L-MLH.
I play this with options - selling Call-Spreads or even naked Calls...always small positions, but often.
P!
Trade closed: target reached
OK - Done.Here we are...what next?
Let's observe if the L-MLH acts as support.
P!
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