ES Trend Update

• ES hour chart with 50 Hour moving average and trend line.
• First chart shows bullish cross of 50 above 200 Hour.
• If price continue to stay above 50 Hour moving average bulls can go for Buy on Dips.
• Price breaking below 50 Hour moving average will give chance  for Bears. Bears need to break the trend line in hour to reverse the trend in their favor.
• SPY 5 MINUTES CHART