ES Chart update

 

• ES nearing the broken support level or the neck line of the head and shoulders pattern.
• Second chart shows price with 20 and 200 Day SMA. The current setup looks very similar to the one happened on the left hand side which means more up moves to come. For bulls price need to sustain above 20 Day SMA.
• Fib level shows the Golden ratio reversal and price at the broken 38.2% Fib level.