ES could push to these levels…

Alright folks has been quite a bumpy ride in the markets this week, a lot of volatility, a lot of accelerated downside action. And then of course, on Friday, we’re closing up near the highs at 4420, or up a smooth 102 points on the s&p a little over two and a quarter percent. Now coming into February, you can see we’ve got an 85% win rate getting long on round two for ending around about 217 to 17. bid for about a two week calendar, trade average profits been about $2,000 per contract as per single contract with each point in the s&p being $50. That equates to about 40 points, which normally sounds like a large move. But those are the kinds of moves we’re seeing now in a 10 minute bar. So looking at the charts, we’ve got the weekly on the left, the daily on the right, a lot of interesting things happen here, you can see that on the weekly we basically come down to this area right here. This was the first time we touched support back in September, September, October of 2021. We haven’t seen these levels until this past week. So here we we can’t we came down almost to the tick slice through it just a little bit there. There on the 24th. A lot of wide range wide bar price action here a lot of volatility, shaking people out to the long side, shaking people out to the short side, I was a victim of that myself. And it will be interesting to see how we start next week. And if the volatility continues, so think longer term here, we’ve got a trend line that we can respect would not be surprised at all for the market to push back up to these levels at 4570. And then it’s kind of an inflection point there at this level, whether we push back higher, or we roll back over, if we take a look at this trend line here, you can see how this all intersects. So price would come back up here. That would be a trendline retest of when that support was broken. And then a retest of this long term downtrend line. So interestingly enough, it’s also right at the area where our number two from our 123 Top broke down and achieved target one at two at the 200 day moving average. So you can see how all this kind of lines up. It’s pretty neat when you fat when you put in when you consider all these factors, how they all play an important role. Next stop to the downside. I’m looking at this area right here, looking at this area right here, and then we can get an even bigger projection. If we take a fib tool, we’ll take a fib tool from these last major swing lows, and measure up to the last swing highs. And you can see that that was a nice little 50% retracement down to 6.8. So anywhere between anywhere between here at 4000. Down to 3800 is fair game, we press down into this area, expect to see some reaction least for price to pause there at a minimum hold there for a minimum and then move to the next leg down. Or this could be the last flush down, shaking out the stops for the next move higher out. Have you hosted a free event on Saturday January 29. At 10am. Eastern spot the big money moves with this new trade strategy. We’re gonna talk about a very, very high probability strategy that can be applied on any markets in any timeframe. So excited to share this with you. I’m going to hyperlink you to this page. All you have to do is click the orange button and we’ll see you there