Trend Analysis on day
ES has closed below Red Trend Line EOD. It shows day has also turned down and probably ES can hit 3300 in the coming days.
Out of curiosity, I started applying the system on ES ( trail basis) and works well. Please see the three charts on different t/f. I have marked where I would have initiated the shorts.ES is down on 15 mts and Hour and positive on day. But if the momentum continues, we can reach 3300 levels and the green line in day t/f can be tested.
Out of curiosity, I started applying the system on ES ( trail basis) and works well. Please see the three charts on different t/f. I have marked where I would have initiated the shorts.ES is down on 15 mts and Hour and positive on day. But if the momentum continues, we can reach 3300 levels and the green line in day t/f can be tested.
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