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Read below a report that I sent to my subscribers at 5:45 PM on Sunday, June 2nd, 2019. In this report send out before the market opened I wrote:
“We can see that 2,732 is a good target for a bottom of that wave ( c ) of ( iii )
and the following corrective wave ( iv ) up may get back up to 2,800. “.
One our later ES bottomed at 2,732.25.
Then over night session ES made a nominal lower low at 2,731.25.
Subscription: Access to Micro Counts of US indices
ES - we may get a corrective rally in wave ( iv ) up
If we look at 90 min chart ( below ) we can see ES may stretch lower in the current wave ( c ) of ( iii ) before a pullback in wave ( iv ) up.
ES - 90 min chart updated at 5:42 PM on 6/2/2019
Now let’s zoom -in to 4,500 tick bar chart. We can see that 2,732 is a good target for a bottom of that wave ( c ) of ( iii )
and the following corrective wave ( iv ) up may get back up to 2,800.
ES - 4,500 tick bar chart updated at 5:42 PM on 6/2/2019
