Assessments / Blog

ES #F No new high yet

The ES continuous contract continued to trade up yesterday. No bar closes above the 2438.50 important level occurred. Sideways price movement is taking place at the moment with Selling pressure developing. A pullback to at least 2429 is expected. A deep pullback should test the 2425.50 to 2423 area. Areas if broken by a bar close to watch is 2438.50 up and 2417 down.


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