October 21, 2017

ES Analysis after closing bell

  • Daily chart shows another MACD Bearish cross that Did not happen. Histogram of MACD Clearly shows a negative divergence But this too did not work and Bulls managed to take price up Before a Bearish cross of the MACD Lines could happen.
  • Hourly chart shows the resistance line of the recent pattern Acting as support.
  • Last chart shows immediate support levels in Hour time frame.

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