ES played an exciting rally in subwave -c- of wave ( b ) up.

ES played a corrective -a-b-c- up structure off the low. That could be a corrective bounce in wave ( b ) up. I continue to expect another move down in subwave ( c ) that would make a new lower low under 2,300.

ES 4500 tick bar chart at 12-30 PM on 3-17-2020

Trading is risky. Read this important Disclaimer

HIGH RISK WARNING
Trading stocks, options, or futures carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. CastAway Trader LLC provides general overview of trading methods that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading. You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success.

Previous posts:

No posts found.

© 2019 Cast Away Trader. All Rights reserved.

Login