Assessments / Blog

ES #F Testing previous swing low

As mentioned yesterday to watch the selling pressure, it developed as expected and the 2416.75 area were tested and the previous swing low is now being tested. At the moment price is trading within the range of the last Smart money down bar. A bar close below 2407 could spark some more selling. Be careful as there is some aggressive buying at these current levels with the last bar generating Positive Delta Volume. If buying pressure continues we should see a pullback to 2417.75 area.


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