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Subscription: Access to Micro Counts of US indices

ES - going to re-short it again

I covered shorts opened yesterday and now I am watching another setup to re-short. This micro five wave fractal is inherently weak whatever it looks. It is weak because it failed to confirm its wave iii up. That wave iii failed to tag a minimum 176.4% extension of wave i up. Then we got a super deep wave iv down which is another indication the bulls are wounded and bleeding. Most likely they gonna push the price into the Red Target Box on Monday…

ES - 5 min chart updated at 2:50 PM on 4/26/2019

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