My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 9, 2018
ES Falling back to 200 Day SMA
ES Daily is falling to 200 Day SMA. Daily has also closed below the cloud after a long GAP. For any bounce from here daily cloud may act as resistance. But for a bigger fall 200 SMA must break. Close below 200 SMA will confirm the weakeness of Bull Market.