Sometimes, to get through resistance, you have to force sellers to liquidate at much lower prices. This just happened.
ES struggled to get through 3975 since yesterday, and needed a hit new daily lows to get rid of those sellers.
Even though the H&S pattern posted earlier has been technically invalidated, the minimum measured move of the descending channel lines up with the same targets, and could go higher.
ES struggled to get through 3975 since yesterday, and needed a hit new daily lows to get rid of those sellers.
Even though the H&S pattern posted earlier has been technically invalidated, the minimum measured move of the descending channel lines up with the same targets, and could go higher.
