March 19, 2018

ES 100 SMA and bollinger band Updates

  • ES Daily chart shows price moving towards 100 Day SMA.
  • 2nd chart also shows a possible support in Lower Bollinger band.
  • Bigger correction only if these levels are not held. Close below 100 SMA can be very negative for bulls as it may take price towards 200 SMA again.
  • Another point to highlight is the strength of PIN BAR at crucial levels. This one at upper bollinger band has given good results.


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