$ES1! - Short Idea

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ES1!
The wide range made it difficult for most to determine if we were bullish or bearish. Therefore, I am keeping this trade simple and plan to trade the reversion using the descending channel as my stop loss.
Stop - closed outside of the channel.
Target - bottom of the channel.

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ملاحظة

Ideal targets to downside:

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ملاحظة

There is a potential 2B pattern in the making.
Next week, I will watch the previous Thursday's low and 4180.

Below's Thursday's low - this may potentially reverse and retest 3800

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ملاحظة

Still bearish and still shorting the S&P500.