ES - S&P500 E-Mini With Target Down To The 60's
Here are a lot of lines cooking.
According to the A/R Set (dashed blue), the time seems ripe for a turn to the south, indicated by the yellow down sloping Fork.
In it's way to the yellow Centerline are a couple of natural support lines, like the orange A/R-Centerline, creating a confluence with the pink Trendline.
A break of this dashed orange CL' would indicate a further drop to the L-MLH (orangen). Then from there again one floor deeper, to the white dashed CL'. And if this support is also not holding, then the Rule Nr. 1 applies to the yellow Centerline.
I guess we a nice observation path...
P!
According to the A/R Set (dashed blue), the time seems ripe for a turn to the south, indicated by the yellow down sloping Fork.
In it's way to the yellow Centerline are a couple of natural support lines, like the orange A/R-Centerline, creating a confluence with the pink Trendline.
A break of this dashed orange CL' would indicate a further drop to the L-MLH (orangen). Then from there again one floor deeper, to the white dashed CL'. And if this support is also not holding, then the Rule Nr. 1 applies to the yellow Centerline.
I guess we a nice observation path...
P!
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BTW: Observe this A/R too...
