es 6-9 update ~
after a week of chop, mm decided to break it down
and i absolutely don't blame them.
lot of people thought it was a bull flag, myself included, so the market has humbled us this time around.
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we have 4h hidden bullish divergence, and our indicator is starting to print a significant buy signal, should be primed by tomorrow.
cpi data tomorrow morning will be a significant catalyst. if it beats expectations, might just see a rip without any further decline
if it comes back weak, a fake out to the upside followed by a decline to 3940 is expected (potentially even to test the bottom of the whole range).
after which, a 3 wave move up to 4400 (+\- $5) is my plan.
and i absolutely don't blame them.
lot of people thought it was a bull flag, myself included, so the market has humbled us this time around.
---
we have 4h hidden bullish divergence, and our indicator is starting to print a significant buy signal, should be primed by tomorrow.
cpi data tomorrow morning will be a significant catalyst. if it beats expectations, might just see a rip without any further decline
if it comes back weak, a fake out to the upside followed by a decline to 3940 is expected (potentially even to test the bottom of the whole range).
after which, a 3 wave move up to 4400 (+\- $5) is my plan.
כתב ויתור
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