Oil & ES trading for May 6th 2020

• 06 May, 2020
• By Admin
• 1 Comments
• 0
• Trading

https://www.tradingview.com/chart/CLM2020/ZILh5HfK-oil-for-May-6th-2020/

Going to try this new format of posting ideas so the chart can be looked at from the time of post right up to the present.

alleytrader8:42 AM
ES today, currently getting a down side move that is following late yesterday move. but is in a solid balance, that might chop after ope before picking a side. will watch 2864 for sign of further down. with targets of 2838 and 2821. A break above 2890 target i have is 2907 picking a direction right here is hard, many will be looking at the rising wedge to break short, but i see some support it has to get through for the wedge to look valid.  Will monitor this consolidation for break and impulse.