@jmans1111 Hi @jmans1111 Do you think $ES on daily is forming a double bottom to indicate trend reversal to the upside? If so, what would the target be? Thank you.
@jmans1111 How can you tell if the Elliot Wave pattern is forming? I see that wave 2 has already reached 50%+ of wave 1. Is there a certain % length for wave 2 before knowing when wave 3 may be starting?
@TraderGoalieOne Hi @TraderGoalieOne Bob. Would today’s daily ES close be considered an inverted hammer? We have had a strong downtrend for a couple of weeks now. Thank you.