Today is Friday the 13th and kicking off with a nice sell off in the market after yesterday's lack luster CPI data.
As of now, ES is trying to find support at the 4 Hour's 21ema and the up channel. It is looking like it wants to crack through.
I can see a bounce off the open for a continuation down.
As of now, ES is trying to find support at the 4 Hour's 21ema and the up channel. It is looking like it wants to crack through.
I can see a bounce off the open for a continuation down.
Note
The 4 Hour Up Channel, flirting with the 21ema
Note
The 5 Minute chart is becoming too extended and entering into a wide state
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Disclaimer
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.