I Will Be Watching to See Whether $ES Has Entered Distribution

The high on $ES on Sunday night may have been the “buying climax” of a distribution range. If that is the case, then further upside should be limited to minute (blue) 5. Afterwards, we may drift lower in a series of ones and twos that may be difficult to detect before the markdown phase begins. That’s the plan, anyways. (Crosses fingers.)


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.

Leave a Reply

Your email address will not be published.