$ES #ES-mini #tradingsetup #Elliott Wave
I consider the move up off the Oct’22 low as a corrective bounce in a wave (B) up, a reaction to the first leg down in a wave (A)down played in 2022:
This week we discussed a similar fractal, a structure of the rally in Nasdaq Composite index played out in March 2022:
If ES follows the same fractal played by Nasdaq composite in March 2022 bulls should stop decline here and start a rally targeting the recent highs in 4,480-4,500 zone.
#ES $ES #Elliott Wave Yesterday morning I got you prepared for one more push lower to test and undershoot the
#ES $ES #Elliott Wave #seasonality #fractals The March 2023 bottom looks very similar to that consolidation: ES-mini 240 min, March
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