$ES_F $SPY - Daily Chart Update - Rejection
No bias here. Let's look at the chart. Above the 200 dma; however 3.42% from ATH's with overhead resistance. The .764 fib, virtually no retracement, overhead supply, only 6 handles from back inside the descending TL, and below the 200. Right at LPSY, which is not favorable for bulls.
Let's see how this one plays out. Sleep well bulls
Let's see how this one plays out. Sleep well bulls
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.