ES has now met higher time frame Supply and VIX is into Weekly
Demand (can draw a falling wedge). This alone does not
negate price going directly higher but more often, you will see a
pause/pullback (notice how price has stalled all day after reaching
that zone)
ES has now met higher
Posted by steve on 3rd of May 2024 at 03:00 pm
ES has now met higher time frame Supply and VIX is into Weekly Demand (can draw a falling wedge). This alone does not negate price going directly higher but more often, you will see a pause/pullback (notice how price has stalled all day after reaching that zone)
Thanks
Posted by ruidoso on 3rd of May 2024 at 03:25 pm
Thanks