tommyboxfx

Close to the crucial level!

Kort
tommyboxfx Uppdaterad   
CME_MINI:ES1!   S&P 500 E-mini terminer
Hi there
Decline always come faster than climbing, be ready for this!
Breaking the crucial level to the upside is also possible but I am voting with higher probabilty for decline in this case!

Good luck traders
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last stage
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Es1,SPX,S&P500 cash CFD ! Same players in same game
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Back-test level is reached
Nice point for starting a new strong decline!
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Warning!!!
It can be a Black Friday
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USD
CPI m/m
0.1% 0.3% 0.4%
USD
CPI y/y
7.1% 7.3% 7.7%
USD
Core CPI m/m
0.2% 0.3% 0.3%
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Stop grabbers often happen in wave D and wave E so if the price returns inside of the wedge be sure it was just a stop grabber! For breakout we need a little more of this
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market is always tricky so here is one more possibility
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Situation is little complex.
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Let's maximize our probability the rest is only question of risk management!

DISCLAIMER

Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
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