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2017-09-05
ES #F Pullback mode


The ES continuous contract made a pullback as expected to 2460.25. Buying/Selling pressure is neutral to down at the moment, and the last upswing has drawn the highest volume (4.95 m) since the upswing that ended on May the 25th. A bar close below 2430.50 will be needed in our view, to turn things around to bearish. The current pullback in progress still can go to the 2458 to 2452 area. A bar close above 2478 will probably lead to another new all-time high.

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

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