ES reached next target zone overnight (made a higher high and
now we have 5 higher subwaves for larger wave 3 in toe so on watch
for a wave 4 pullback under the view posted yesterday). Let's
see what CPI has in store
Steve despite the higher than expected CPI and the 20 point
sell-off in ES immediately thereafter which has already started to
recover, it feels like they want to push SPX to close the gap up at
4400ish in the regular session. Are you going to be on the lookout
for some kind of reversal when if and we get up to that level?
ES reached next target zone
5/1 ES Levels June Contract (ESM24)
Posted by steve on 12th of Oct 2023 at 07:25 am
ES reached next target zone overnight (made a higher high and now we have 5 higher subwaves for larger wave 3 in toe so on watch for a wave 4 pullback under the view posted yesterday). Let's see what CPI has in store
ES 20+ points on that
Posted by steve on 12th of Oct 2023 at 08:42 am
ES 20+ points on that pullback
Steve despite the higher than
Posted by DK on 12th of Oct 2023 at 08:55 am
Steve despite the higher than expected CPI and the 20 point sell-off in ES immediately thereafter which has already started to recover, it feels like they want to push SPX to close the gap up at 4400ish in the regular session. Are you going to be on the lookout for some kind of reversal when if and we get up to that level?
Yes watch yields for reversal
Posted by steve on 12th of Oct 2023 at 09:15 am
Yes watch yields for reversal intraday to see if the bounce commences - won't worry about anything else for now