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September 27, 2022

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ES-mini: MACRO UPDATE: A VERY BEARISH VS A VERY BULLISH SCENARIOS

ES-mini made a new low of the 2022 year and it starts looking very oversold. Let’s discuss two main macro scenarios that argue for an upcoming bullish bounce. The first scenario is the Santa’s rally. The Very Bullish scenario counts the decline off the mid Aug top as a subwave…...

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By CastAwayTrader, 4 months4 months ago
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I expect ES-mini to test 3,600 level before it reverses up and starts a bigger bounce

This morning we got another a-b-c up pullback that can be counted as a micro wave iv up to be followed by another push lower in wave v down targeting the Green Target box. That push down would complete the Double Three corrective move down and set the stage for…...

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By CastAwayTrader, 4 months4 months ago
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