Technical SetUps

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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Authored by: Sven Henrich

Categories: Technical SetUps

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