Despite a great looking long trading setup NG dropped to a lower low today.
However, its too rearly to discard the long setup because that low is still a way over the previous low made by wave ( 4 ) down at 5.465 in July 2022:
If we zoom-in to a 30 min chart we will see that this current leg down has a clean corrective looking a-b-c structure and the five wave down micro structure of the red subwave -c- down looks completed:
$ES #ES-mini #Elliott Wave #trading setup I keep tracking two scenarios / paths leading ES up to 6,000. The first
$ES #ES-mini #Elliott Wave I have been tracking two scenarios and both allow bulls to push ES-mini to 6,000. Let’s
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