/ES Risng Wedge

28 янв. 2019 г.

Watching price movement on /ES and the overall market. We're patiently waiting for those large-cap earnings reports this week...So, expect some volatility and price swings. As of now, the market is tilting to a bearish pullback but will watch how it tests those supports. I'm rather indifferent for now and waiting to see a break of sorts play out. Tight ranges.... moves will happen rather soon. First resistance around 2700..2696 ..200 ema on 1D and then the 200ma on 1D... and upward ranges from there..and previous supports will be watched if a breakdown occurs.