With this afternoon's higher high, there is now a likely diagonal possibility on the ES 15-minute chart, as below.
 |
| ES Futures - 15 Minute - Potential Diagonal |
The questions now are: 1) will it maintain diagonal measurements, and/or 2) will it be leading or ending? Only time will tell.
Have an excellent rest of the afternoon,
TraderJoe
or your i ii iii iv , is i ii 1 2 . your wave iii is a diagonal. its expanding and would be kickoff of a wave iii.
ReplyDeleteThat's what it means to see if it will maintain diagonal measurements. TJ.
DeleteSPY 1-Hr: unfortunately, the count in cash remains unclear. It is true that there currently are two channels, and it certainly looks like all of the upward gaps have been filled.
ReplyDeletehttps://www.tradingview.com/x/bfOo6hoN/
But either higher highs or lower lows are needed to get a count started. Maybe the overnight will shed some light.
TJ
A new post is started for the next day.
ReplyDeleteTJ