ES Gives Market Warning Signals
Nine day advance working up into a wedge while volume decreases. Tuesday (today) red koma with the longer upper shadow showing the market rejecting higher prices. Volume increased - and taken in conjunction with the candle - indicating sellers were active today. Note volume on the three previous up days was lower and declining as price rose.
I believe bulls are not in a safe place now.
I believe bulls are not in a safe place now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.