Hi Everybody,
I was not going to share this analysis, but I decided to after all, because it was truly amazing. I am still blown away about how good this is and how amazing the markets are in the way they unfold. This was absolutely perfectly text book activity yesterday !!
We have already seen how the 15min ES put a high in at DP resistance, but I would like to take a look at the 5min Chart and the move into that high....
As you can see, the last swing up as found as a 5-wave pattern. So this helped reinforce the 15min DP high yesterday, so helped you avoid 3min automatic buys in the afternoon.
But this is not what amazed me. What I found amazing was how this last (Wave 4 and 5) swings on the 5mion Chart unfolded on the lower (2min) time frame.......... So let’s take a look at this in the next post.
Thanks, Steve
I was not going to share this analysis, but I decided to after all, because it was truly amazing. I am still blown away about how good this is and how amazing the markets are in the way they unfold. This was absolutely perfectly text book activity yesterday !!
We have already seen how the 15min ES put a high in at DP resistance, but I would like to take a look at the 5min Chart and the move into that high....
As you can see, the last swing up as found as a 5-wave pattern. So this helped reinforce the 15min DP high yesterday, so helped you avoid 3min automatic buys in the afternoon.
But this is not what amazed me. What I found amazing was how this last (Wave 4 and 5) swings on the 5mion Chart unfolded on the lower (2min) time frame.......... So let’s take a look at this in the next post.
Thanks, Steve
