ES-5-1-19-9-38-am

Subscription: Access to Micro Counts of US indices

ES mini - got rejected by 76.4% extension

In my previous update last night I wrote that this rally may stumble upon a strong confluence of fibs at 2,964… ES stopped at 2,961 having been unable to reach that target 3 points and started to drop this morning. I keep my bearish outlook unchanged.

ES-5-1-19-9-38-am

Subscription: Access to Micro Counts of US indices

ES mini - got rejected by 76.4% extension

ES 15 min chart updated at 9:37 AM on 5-1-2019