Assessments / Blog

ES #F New high is possible

The 11 level on the $VIX did not hold and the $VIX went lower, consequently the run up seeking a new high scenario is playing out. The volume of the current upswing is the highest since the upswing on August the 16th. A little Selling pressure is present probably due to profit taking. Smart money up bars are present at the swing high. We can expect a pullback to the 2458 to 2452.75 area.

See results of our Strategy on the MTF Tool trading the EURO


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