More consolidation through the night. Leg down is anticipated later.
This anticipated move to the downside can be only local low with reversal move to the upside and new high of the day. That is why this scenario is considered only as a short-term.
This anticipated move to the downside can be only local low with reversal move to the upside and new high of the day. That is why this scenario is considered only as a short-term.
Note
Divergence with NQ.Possibly one more low in ES (maybe without new low of the day). Later into AMS => It is fast decline or more odds for the bullish development.
Note
still potential for new low of the day.Trade closed: target reached
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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.