- ES Week chart shows the broad range between 2620 - 2760. Price near the top of the range. Price will remain negative to neutral within this range.
- Immediate support zone for the day is 2700 - 2705. Break below this means a trending down swing in hour chart.
- Price remaining below the hourly cloud will favour a down swing in this time frame. Negative below 2700 - 2705. Bulls may also use this price zone to do an Intraday bounce.
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 21, 2018
ES Chart analysis before opening bell
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