• Home
  • Free Updates
    • Nailed!
    • Major US Indices
    • Gold & Silver
    • Crude Oil & Natural Gas
    • US stocks
  • UPDATES
    • Subscribe now!
    • US Stock Indices
    • Gold, Silver and GDX
    • Crude Oil & Natural Gas
    • Value and Momentum Stocks
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Blog
  • Chat Room
  • Pricing
  • FAQ
Menu
  • Home
  • Free Updates
    • Nailed!
    • Major US Indices
    • Gold & Silver
    • Crude Oil & Natural Gas
    • US stocks
  • UPDATES
    • Subscribe now!
    • US Stock Indices
    • Gold, Silver and GDX
    • Crude Oil & Natural Gas
    • Value and Momentum Stocks
  • Education
    • Beginners Video Course
    • Intermediate Video Course
      • Syllabus of the Course
    • Trading Like A Pro Video Course
    • Video Lesson of the Week
  • Blog
  • Chat Room
  • Pricing
  • FAQ

ES-mini - the rally looks corrective

The structure of the decline off the September 2018 top looks like a corrective A-B-C down pattern. The wave C, the final leg of the correction, shall be subdivided into five subwaves. I count the low made on 25 December 2018 as the bottom of the wave ( iii ) of C. And I count the rally off that low as a corrective (a)-(b)-(c) of wave ( iv ) up. That wave ( iv ) up may top at 2,597-2,610-2,625. Once it tops out we should expect another decline to a new lower low.

ES-mini - 120 min chart updated on 8 January 2019

Start to learn how to predict the next market move today!
Check out my latest updates
  • My Account
  • Login
Hestia | Developed by ThemeIsle

Login

Lost your password?