- ES one hour got resisted near the cloud.
- Price is testing support levels in four hour chart.
- If weakness continues, yesterday's low is likely to be tested again.
November 10, 2017
ES chart Analysis before opening bell
ES Analysis after closing bell
- 4 Hour cloud base acted as support zone. The violation below 100 SMA did not last, Exactly how it happened last time when price violated this line.
- For now one hour shows immediate resistance at 2584 zone and the cloud. Small correction may resume if price stays below the hourly cloud.
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