ESForecast2Shown above are possible targets for ES.  Today’s action very bearish.  If first rally < 50% then second target is probable.  If second rally < 50% third target is probable.  We strongly need a rally greater than 50% to establish stability.

If rally goes > 50% point then market may enter trading range.

FOR EDUCATIONAL PURPOSES ONLY.  TRADING INVOLVES HIGH RISK.

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