July 20, 2017

ES Daily and Hour TF Before opening bell

  • Staying above 2450 levels will continue to favour bulls of ES. Price likely to hit 2500 before it moves below 2450 level.
  • Hour chart shows support at rising Ichimoku cloud. Things may turn in favour of bears only if price starts to stay below Hourly cloud. So Hourly cloud crucial support zone for bulls to hold above.