ES_F 4H Death Cross & Head and Shoulders
We're not talking a real death cross here, but you did just get a 4H death cross on ES_F. Not to be taken lightly if it happens on the 1D chart, but i think a 4H death cross should be considered serious as well.
Death Cross: investopedia.com/terms/d/deathcross.asp
I could see the picture of getting back to $4450 area to form head and shoulders and then sliding down from there. Just an objective lens. i trade level to level so doesnt matter to much to me personally.
Death Cross: investopedia.com/terms/d/deathcross.asp
I could see the picture of getting back to $4450 area to form head and shoulders and then sliding down from there. Just an objective lens. i trade level to level so doesnt matter to much to me personally.
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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.