Assessments / Blog

ES #F Pullback and continuation?

As expected the ES continuous contract made a pullback yesterday and as mentioned yesterday right in the 2451.25 to 2445 zone with a low at 2448 before reversing. Currently trading at 2460. The 2461.25 high must be broken with some buying pressure before we will see some significant upward progress again. At the moment volume is low with no real buying pressure. A bar close below 2442.25 will awake the bears.


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