October 13, 2017

ES Rising wedge and Hourly cloud update

  • Despite today's bullishness the pattern in 4 hour looks like a bearish wedge like pattern. 
  • One hour time frame continues to be bullish with the Hourly cloud giving nonstop support for ES Bulls.
  • Unless the structure of HH and HL change there will not be bigger correction in Hourly charts.

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