View: slopechart_/ES.jpg

slopechart_/ES.jpg

Ooops: Part 2 

This is what I had before the counter trend rally. I even wrote about wanting to leave it that way because it seemed right. Mostly because I saw a lot of similar silliness going on in misbehaving cryptos the last 18 months. 

It looks like I shoulda left it. 

Now I am going to.  

Would be perfect if it all blows out the bottom in the next 2 weeks and none of it meant anything.

Image added via SlopeCharts
slopechart_/ES.jpg

Comments

GonnabesickGonnabesick
I think you widen that to include the last peak . . . 
Thus, if we break the middle of the channel, we should carry to the lower channel trendline (width-of-the-channel measured move). Let your mind wander freely on that thought. Still think TK should comp everyone if we get there . . . :- ))))))))) 
5/12/22
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