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Hi!
Here are two long term charts a 240 min and a 120 min chart . The 240 min chart shows the near completion of a B wave, it can go higher 123.80% fib is at 4297.
The second chart is a 120 min chart with profiles . It is trading across the balance HVN and supported by the VWAP at 4226. It is also trading above the larger balance with the VPOC and VWAP at 4200. It would need to start trading below the VWAP at 4226 on the longer time frames There are a number of HVNS for support at 4217 the VAL of the balance a . Price as has spiked down to the HVN at 4207which is also the VAH of the larger balance . Price under that would start to look bearish.
If it turns out to be a C wave down it can go as low as the 4040 I hope this helps.
@SPX500 (120 Min Heiken-Ashi) 2021_06_09 (5_34_45 PM)
@SPX500 (240 Min Heiken-Ashi) 2021_06_09 (5_32_52 PM)
Thank you all for your responses! Definitely makes a lot more sense now.
I have been looking into Bitcoin and Ethereum futures, the volatility is amazing.
Definitely plan to start trading that soon.
Both Fed Chairman Bernanke’s remarks yesterday and President Obama’s speech last night about his jobs plan; combined, failed to reassure the market that a solution to the country’s economic woes was at hand, and the …
It's all in what you prefer, and which provides the highest probability for you to succeed.
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ES continues to be stuck due to structural flows and will probably be so until next Monday, the 16th. However, knowing that any dip/drive is a buy, it certainly makes it easier.
Complacency is setting in... the new highs being set are acting a little bit as 
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