Top Flag Downside Projections

Update 12:37pm EST. ES 2816.25 zone = potential intra-day bounce.

First leg of 1 or more down seems to be heading for the approximate center line of the megaphone. That would be typical for this type of structure. A watch is now active to check for a larger reversal signal in case it is the only leg down from the current flag.

Next depth targets shown on chart 2 below chart 1. Chart 3 shows 4hr megaphone. Lower quadrant will also become a target zone if leg 1 does not conclude prematurely.

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The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/30/20)

..and possible bounces/bottoms: (2/28/20) , (3/23/20)

This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.

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