September 25, 2015

  • ES Daily in a small range between 23.6% And the golden ratio.
  • Week is consolidating below 50 Week SMA. As long as price stays below this line there is a chance of a bigger fall in favour of bears.
  • Month chart shows the possibility of a fall towards 1500 - 1600 zone if price breaks below 23.6% Fib level. 


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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore