BROADENING TOP FOR THE BEARS
FALLING WEDGE FOR THE BULLS
- First chart is a the bearish broadening pattern shown in 30 minutes chart of ES.
- A falling wedge is also in the making in ES which is a bullish reversal pattern.
- Main support on closing basis for ES is 1173. If 1173 holds this week Price will move higher above 1200.
- Breaking 1173 will be negative and price will slip below 1150.
- S&P 500 BEFORE OPENING BELL
No comments:
Post a Comment