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Technical SetUp: $ES

Welcome to KISS & Technical Set-Ups. In this section of the site we post examples of technical SetUps as provided for members in real time on NorthmanTrader.com utilizing our KISS methodology.

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This SetUp was for long $ES outlining a coming entry area in context of Weekly Market Update – Positives:

In the article I outlined a bullish pattern emerging in $SPX with the technical target zone shown as the pink box. I stated: “Like $NDX I can also point to a similar bullish descending wedge on $SPX“:

We the tracked the pattern on the public twitter feed:

For us the majority of the move was achieved and this particular SETUP closed.


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All content is provided as information only and should not be taken as investment or trading advice. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. For further details please refer to the disclaimer.

Authored by: Sven Henrich

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Categories: Trade SetUps

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