FibonacciDiPisa

Areas of Significant Bounce Potential ES

CME_MINI:ESH2021   E-mini S&P 500 Futures (Mar 2021)
With RSI getting low on the daily and most charts, buying bounces is becoming attractive.

Connecting trend lines and seeing their intersection points may point out potential bounce points here. Areas of interest are outlined in the two boxes.

Keeping that in mind, I would not set high exit limits and be aware of all top trend lines where rejection can and most likely will occur.

Happy trading to you all, and to all a good day.

= FIB

The prediction is in...

= FIB
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