February 8, 2018
- ES 200 support at 200 SMA and rallied up to 50 Day SMA. Now price is in a sandwich between 50 and 200 SMA. During a strong up trend a correction towards this GAP between 50 and 200 SMA is an opportunity to buy. But this time one crucial thing against bulls is the speed of the fall.
- Final chart shows the one hour time frame with possible support levels.