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  • TOO MUCH EFFORT #ES 2813 could be the low

TOO MUCH EFFORT #ES 2813 could be the low

randholm
February 1, 2018 10:30 am / Published in * Trade Alert, DIA, Earnings, ETF, Europe

TOO MUCH EFFORT #ES 2813 could be the low

The bears are were able to show 3 consecutive lower low on ES Futures

 

 

The bears are were able to show 3 consecutive negation of 6900 on NQ Futures

 

 

The bears are were able to show a lower low after a test of the 26000 area on YM Futures

If bears were in control, the indexes would be already at or below the 50% retracement of the YTD performance. ES is finding support on the above the 38% Level

 

 

1 Comment to “ TOO MUCH EFFORT #ES 2813 could be the low”

  1. Mario says :Reply
    Saturday 8:15 am, 3 February 2018 at 8:15 am

    Bears started selling Asia and EU and while the US session they rebalanced large portfolios.

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