February 27, 2018

ES Chart analysis before opening bell

  • Month candle shows the 200 plus points recovery But with one more day for month close the month candle is likely to be a Doji one. If March month is going to be a bearish one, Month will complete a Bearish set up.
  • 4 Hour chart shows a possible rising wedge pattern. This mostly ends in favour of bears.
  • 30 Minutes chart shows price trending above the cloud. Bears need a cloud break in this time frame to see weakness.

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