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Trader522
7 Th01 2017 09:54

Awaiting a correction soon Giá xuống

E-mini S&P 500 FuturesCME

Mô tả

Waiting for a correction down in this market soon. I have exited most of my long positions, but do still keep one alive to try time the breakout.

A few points in favor of this idea;
  • There are two wedges forming inside the daily channel
  • Upper channel line has already been touched once by last bullish wave.
  • Bollinger bands are getting very narrow, implying a breakout (most likely down) soon.

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Possibly some more upside before a correction:

Bình luận

Possible long term development. Several wedges developing:

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