March 28, 2017

  • ES Daily shows support at 50 Day SMA and 23.6% Fib level. Bears need to close below these levels to extend the correction.
  • Resistance levels on the way up are the broken 20 Day SMA and Broken support zone near 2360.
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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