- ES Daily is testing 100 SMA.
- One hour and 30 Minutes time frame shows trending moves. Bulls must hope that the test of 100 SMA in daily work in their favour.
- The trend of 30 Minutes will pause or end if price moves above the cloud or above 2670 or 2685 levels.
- ES Rising wedge target levels
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 2, 2018
ES Chart analysis before opening bell
ES Chart analysis after closing bell
- Rising wedge correction continues to do well for bears.
- Bulls are seeking support at 100 Day SMA. Bears hoping for a break of this line to target 200 Day SMA.
- For now bulls are safe above 100 SMA. Weakness starts when price stays below 2659.
- TWIN Bullish shadows of ES @ 200 Day SMA
Subscribe to:
Posts (Atom)