CHART-II - UPDATED
- ES has given a correction followed by negative divergence.
- Now price has taken support @ 1320 level. Price has to stay below this level for bears to extend this fall.
CHART-I
- ES 30 Minutes chart with Trend line and negative divergence.
- Price will move higher if the trend line is not violated.
- MACD and price showing negative divergence But price has to confirm for a correction to happen
- May be if the trend line is broken negative divergence may play out.
- SILVER - Negative Divergence
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