ES Daily time frame, down trend line
The ES daily time frame is in long term bearish
trend. The market is near the down trend line
and if resistance holds. It is expected the market
to push bearish. There is a future support level
below the market that would make an ideal
target price point 3546.50 about -1,913 ticks
below the market. As long as the market stays
below the daily down trend line. It will be a good
idea to turn to the one hour time frame and to
look for high prices in the sell zone.
trend. The market is near the down trend line
and if resistance holds. It is expected the market
to push bearish. There is a future support level
below the market that would make an ideal
target price point 3546.50 about -1,913 ticks
below the market. As long as the market stays
below the daily down trend line. It will be a good
idea to turn to the one hour time frame and to
look for high prices in the sell zone.
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