Trend Line and Retrace Missed ES

We missed my retrace and the trend line which leads me to believe we are headed down to my old favorite number, 3777. Usually when this happens, it is sellers or buyers selling or buying just shy of a mark to dump and pump or pump and dump, depending on which side you are trading.

From there sideways relatively, then finally up for the stimulus BS that I am sure will come out in a few days. This will lead us to the 400s or just shy of it at the very least.

=FIB

Kommentera:

3772 technically...but we will pass by 3777 : ) that number has gotten a lot of action in the last year!

Kommentera:

honestly we might not drop yet...i am always to early to the party...we could to up to high 3800s, then back down to around where we are now, then up to 4000s, then down...Feb and March have many warning signs as some trouble 'a brewin'

Kommentera:

bot battle on the DOM right now, lots of hidden bid volume...scary