ES Journal - 2019/2020

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Also 2850's is first cash target and just hit ... lower targets are 2843's and 2831's ... best to look for chart points around those figures imo ... actual chart points trump fib maths ... just a guide, nothing more ... price action is king
How'd you get 2843 ?
 
areas of interest so far from cash open.
 

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How'd you get 2843 ?

Keep in mind I'm quoting cash prices ... $SPX ... just fib projections of yesterday's range 2850's ... 2843's ... 2831's ... 2812's ... I calculate 8 targets but let's see if we need more than that for today lol
 
Pop from -38.2% resumed downtrend from today's HWB RTH session 59 high to 42.75 low

Look at you paying attention and doing the work ... I see great things in your future!
Just keep in mind that these are not magical figures even if their frequent coincidence with PA Makes them appear so at times. PA rules, and a fib level can be a reversal or merely a rest stop along the way of a trend.
 
watching for price to break below the lowest aoi and close convincingly below for more down. My bias is to the upside, if it happens will be watching the price to get to 2855. but could be any bodies game so far.
 
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