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  1. malaspina

    Emini S&P 500 expectations.

    Take a look a the charts above. Yes, ES has been trading down. I just wanted to say that the recoveries after each move down could be weaker from this point onward if bears keep increasing in force like in the past days. That is all I meant. I am not looking for a 500 point drop, I am just...
  2. malaspina

    Emini S&P 500 expectations.

    Be ready and stay close for the next week trading action. I am on red alert, if price keeps coming down it will be the open door to a full speed downward move. Let´s wait.
  3. malaspina

    Emini S&P 500 expectations.

    Many thanks for your comments, they are always welcome.
  4. malaspina

    Emini S&P 500 expectations.

    If ES price action keeps behaving like this then next week could be a total melt down, it might reach 2550 (T3) price levels or below it! Please stay tuned for the next chapter of this amazing downtrend from the high of 2947. Look at the weekly chart below.
  5. malaspina

    Emini S&P 500 expectations.

    It keeps going down non stop ...
  6. malaspina

    Emini S&P 500 expectations.

    WAY DOWN ! ....
  7. malaspina

    Emini S&P 500 expectations.

    If 2624 price level does not hold ES might go down ever further down.
  8. malaspina

    Emini S&P 500 expectations.

    Still going down during the extended session. It might explode to the downward...
  9. malaspina

    Emini S&P 500 expectations.

    Going down...
  10. malaspina

    Emini S&P 500 expectations.

    Pay close attention, this might go lower, be ready....
  11. malaspina

    Emini S&P 500 expectations.

    Resistance is indeed strong. Interesting price action, let´s see how far down it goes. The game continues...
  12. malaspina

    Emini S&P 500 expectations.

    Let's see how strong the resistance is now.
  13. malaspina

    Emini S&P 500 expectations.

    This area is very tricky, please wait and let the market talk about where it is going. Look how the bulls invalidate the bears move and then the bears invalidate the bull move.
  14. malaspina

    Emini S&P 500 expectations.

    Keeping an eye on this move ....
  15. malaspina

    Emini S&P 500 expectations.

    Now the question is how long will this retracement last. ?
  16. malaspina

    Emini S&P 500 expectations.

    MACD / Price divergence is more evident now, price action in development...
  17. malaspina

    Emini S&P 500 expectations.

    Yes, now let´s wait for price action to confirm this idea.
  18. malaspina

    Emini S&P 500 expectations.

    I took a look this morning at the chart and now it likes ES will face a retracement (will go up) at least for a small correction inside this downward move. There is a MACD / PRICE divergence in the Day and 4 hours chart, also price during the last 12 hours has been trying to go down with no much...
  19. malaspina

    Emini S&P 500 expectations.

    This is the ES price action so far, it is trying to go down ...
  20. malaspina

    Emini S&P 500 expectations.

    ES 2602 support level is key. If broken and price can manage to stay below it then it can become in a bloodbath.
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