October 23, 2017

ES Intraday update

  • Possibility of price Hitting 38.2% Fib level was very high Once price break below 50 SMA and 23.6% Fib level and it did just that. Once the confluence of support break the price action was fast.
  • Immediate support levels for the day
  • Break below 23.6% Fib level may give 2564 which is the 38.6% level. 100 SMA too is at this level for now. 

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