This is not a call for the end of bull market which started on Oct 4th, it is a technical reversal zone and nothing more than that. If I am wrong I will step aside and regroup. If I am right I will ride the sell-off to 50 dsma. Reward to risk ratio is great.
I will continue showing this chart until it becomes irrelevant. Once ES fills 2 gaps above, there are 8 gaps below to fill.
click on chart to enlarge |
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