SP500: ESHO
Action spiked into the Chikou resistance zone with some potential building for printing an Evening Star, although still 18 hours before candle end a more confirmation needed to be totally sure that a top is in.
Action spiked into the Chikou resistance zone with some potential building for printing an Evening Star, although still 18 hours before candle end a more confirmation needed to be totally sure that a top is in.
Looking for a potential reversal pattern to appear in the Kumo, and if this occurs a move lower may ensue.
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Moving as expected

Narrowing Wedge could indicate a move down to test the Kumo. 4H Chikou is on the verge of a breakthrough
We are not trading this ourselves.
