- ES has hit the upper trend line at 1251 giving a higher high for price and a lower high for the MACD Indicator. Problem here is that if ES continues to go up MACD will give higher bars which will negate this divergence.
- So bears should hope that ES does not break and sustain above 1251.
- S&P 500 ANALYSIS AFTER CLOSING BELL
No comments:
Post a Comment