Assessments / Blog

ES #F Trading range

As mentioned yesterday the aggressive buying which did not move price aggressively, resulted in a down move yesterday to a low of 2410.25 but no bar close below 2411.75 occurred. This up and down movement within the range of the Smart money down bar on June the 29th is continuing within that trading range. There are mixed signals at the moment and one has to watch out for breaks to the up side of 2432.75 and 2407.50 to the down side and confirmation of the signals to see what the next move will be.



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