2 paths - ES mini

2022年11月2日

If yesterday was the top, I still expect a move up after fomc to about 3900+ and then drop to around 3700 over the next week or so (red path). If yesterday wasn't the top, a ramp up to almost 4k could be in the cards for the end of the week (yellow path). I think a breakdown after FOMC is more possible since the action overnight does not look like a reversal, but corrective. FOMC is 2pm, don't expect much of anything till then. Good luck!

2022年11月2日

註釋

3900 area on ES reached, rejected from there (delayed chart) looks like ABC (c, the spike up)

2022年11月2日

註釋

over and holding 3900 would be bullish. Under 38200 is bearish and we probably visit 3750 quick

2022年11月2日

註釋

so far red path is playing out but nothing certain yet, heavy whipsaws both ways. adjusted trendline for channel.

2022年11月2日

註釋

pitchfork fib at about 3800 reached, a break below and the next fib is around 3750

2022年11月2日

註釋

if we reach 3740 it may rally giving us the formation of another possible head and shoulders. A breakdown would then test the lows but it doesn't have to go that far. I believe this is possible as a very large ABC into December