$ES #ES #trading setup #Elliott wave
Yesterday I outlined an alternative bearish scenario that argues for the final plunge either today or tomorrow:
Bulls can invalidate that scenario. They simply need to violate the first resistance 4,336.50.
In fact bulls have a setup for that move higher:
The key support for that bullish scenario is 4,289.
A safe approach to go long is to wait for bulls to take out 4,328.50 (the pre-market high labelled “x”).
$NQ #NQ-mini #Elliott wave On Tuesday I noted: …“If price manages to break over the red box, it will most
#ES #Ellott Wave #trading setup Yesterday I noted: …”At this stage, there’s no sign of bullish exhaustion—buyers look poised to
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