JOIN OUR MAILING LIST
Assessments / Blog


2017-08-22
#ES (#F) Pullback in progress


The expected pullback is thoroughly in progress. Selling pressure is diminishing and we have Strength coming in. The 2437.25 to 2447 area should come into play. A bar close above 2458 can put the bulls in control again and below 2430.50 should lead to more weakness. Watch for buying pressure developing on the Simplified Volume Oscillator for the duration of the pullback and then any Selling pressure thereafter for a possible continuation of the down move.


Back Back to top
Close