January 26, 2017

ES Analysis after closing bell

 
  • Second chart shows the triangle breakout and the strong follow up price action. For now a retest towards 2278 levels will be fine for bulls to resume the Up move. Weakness will be seen if price falls back below 2278 and back into the triangle pattern 
  • First chart shows the strong trend in place in 15 Minutes time frame. This Move is safe till it stays above the cloud.
  • TESLA Monthly Tops and Weekly resistance line
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