Emini S&P 500 expectations.

As a mental exercise, been thinking...Now with the huge Fed move down, a whole lotta' the HODL people taking their profits for the year, (or now staving off losses by selling), has the selling frenzy finally ended?

Remember what happened a year ago starting around now in 2017...A steady decline until just after the New Year holiday, and BAM! A full month of straight-up. I can't believe it is almost a year since the first shake-up in early Feb 2018. Where has the time gone?
 
By the way....

PAYARA.jpg
 
Now, I am looking closely at the extended session, this price area is now key. This could be a huge opportunity for the bulls or for the bears, very interesting situation.
 
Now i am wondering if ES will retrace to 2519 price level to form a double top near that area to continue then its way downward, I am thinking about this. At this time looking at the 4 hours chart...

upload_2018-12-20_19-36-46.png
 
Market in sideways mode, I was hoping for ES price to come back up to 2519 price level. I am still looking for some kind of a retracement.

upload_2018-12-21_8-12-43.png
 
Back
Top