$ES - Daily MACD Just Crossed Up

By Skyy999
8/27/2023: Daily MACD is about to cross up. However potential Head and Shoulders formation could be forming with a price target of 4110, which is also where a strong set of candles have previously consolidated this Spring so we'll likely see a good bounce after (and if) ES drops that low. More current is the open downward gap to be filled at 4300.
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