March 13, 2018

ES Charts after closing bell | Channel cloud and PIN Bar

  • One hour is in a bullish channel. For now price has fallen to the bearish part of the channel.
  • Daily candle is a PIN BAR. This candle does need confirmation with a lower opening and a red candle for a possible down swing to start in Daily time frame.
  • 30 Minutes continue to stay on the cloud. If price does not fall below the cloud another bounce above 2800 levels can happen.

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