As shown there are several reasons both fundamental and technical to believe that ES May sink below 3600 before the end of the year.
-Fed suggest that it will continue to rely on a market based and performance based interest rate policies
but as of yet has not suggested and easing of and interest rate increases throw out the coming year in 2023.
-broke below 3990 a three month long daily channel
-23 days of support broke below 3940
-End of the year, trade smart but It could be a nice trade with a 2:1 or 3:1 opportunity
-Fed suggest that it will continue to rely on a market based and performance based interest rate policies
but as of yet has not suggested and easing of and interest rate increases throw out the coming year in 2023.
-broke below 3990 a three month long daily channel
-23 days of support broke below 3940
-End of the year, trade smart but It could be a nice trade with a 2:1 or 3:1 opportunity