December 6, 2017

ES Chart analysis before opening bell

  • ES one hour chart shows price resting at 200 Hour SMA.
  • 4 Hour chart too shows crucial support zone at 2620 levels. Bears must break below this zone to extend gains. Bulls likely to get a bounce from the current levels.

ES Analysis after closing bell

  • ES hourly cloud is broken
  • Next support is 200 Hour SMA. Bigger weakness possible if 200 SMA is broken.