Stockplayss

ES 5/5 ANALYSIS 1 HOUR WITH SAMPLE TRADE IDEA

Short
CME_MINI:ES1!   Futures E-mini S&P 500
ES seems to be going up for its last liquidity grab as a 3 wave ABC zig zag structure before labeled in purple.

After which it most probably get rejected by the high seller pressure in the 4200 region. and complete the 2 second wave of a larger timeframe and start its third wave downwards into the 3900-4000s.

This wave 2 structure also helps destroy shorts before the final downward move.


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