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ES entering resistance zone
ES has played another a up (rally yesterday), followed by b down (drop in the morning) followed by wave c up (the current rally).
As you can see on the chart attached that a-b-c is entering a supply zone.
If you watched my video yesterday you may know I consider that a-b-c as a wave X up, a corrective rally before another decline. Therefore, I would be cutting longs in that red zone.